• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Late sultan's heirs press US$15 billion claim, target Malaysian assets in Netherlands

Malaysia to fight move by late sultan’s heirs to seize Dutch assets

September 30, 2022
APK Files and Their Benefits Explained

APK Files and Their Benefits Explained

June 8, 2023
Janice Griffith Talks about Online Dating as A Famous Porn Star

A Beginner’s Guide to Swinging & How Couples Can Get Started

June 8, 2023
Laundry tips for singles

Tips for Saving Money on Laundry: 10 Ways to Cut Costs

June 8, 2023
Reputation and reviews of forklift licence course providers

Choosing the Right Forklift Licence Course: What to Consider

June 7, 2023
The Most Common Sales Contract Mistakes SaaS Companies Make

The Most Common Sales Contract Mistakes SaaS Companies Make

June 4, 2023
Water Cooler vs Dispenser

Water Cooler or Dispenser? – Which Is a Good Investment for You?

June 4, 2023
How to find a good driving instructor

Choosing the Perfect Driving Instructor for Your Needs

June 4, 2023
Unveiling Industrial Vacuum Cleaners and Their Uses

Why Every Industrial Facility Needs an Industrial Vacuum Cleaner

June 4, 2023
Embrace Famium’s Instagram Story Viewer: A Step-Up from the Classic Instagram Experience

Embrace Famium’s Instagram Story Viewer: A Step-Up from the Classic Instagram Experience

June 3, 2023
Four Design Decisions to Prepare for When Purchasing a Bucket Elevator

Four Design Decisions to Prepare for When Purchasing a Bucket Elevator

June 1, 2023
Vertical Rescue Training

Vertical Rescue Training: Overcoming Fear and Building Resilience

May 29, 2023
Grow your Business Through Using SEO Strategy-Here’s How?

Elevating Your Brand to New Heights: The Transformative Impact of SEO on Business Growth

May 26, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, June 9, 2023
Asia Posts- Trending Post Of the World
  • Home
  • News
    • All
    • Politics
    • Science
    Get Your Life Back After A Chicago Golf Cart Accident

    Get Your Life Back After A Chicago Golf Cart Accident

    Billionaire Rinat Akhmetov on Ukraine’s Endurance a Year Into the War

    Billionaire Rinat Akhmetov on Ukraine’s Endurance a Year Into the War

    My Body, My Choice-Why We Need to Support Women’s Reproductive Rights

    My Body, My Choice-Why We Need to Support Women’s Reproductive Rights

    Qatar labour minister migrant workers reforms rights to continue after World Cup

    Qatar labour minister migrant workers reforms rights to continue after World Cup

    Adhdsnap Receives Overwhelmingly Orders across the Globe on New Year’s Eve

    Adhdsnap Receives Overwhelmingly Orders across the Globe on New Year’s Eve

    Yalla Chance Review — Can You Win Great Prizes On This Platform?

    Yalla Chance Review — Can You Win Great Prizes On This Platform?

    How to Get a Green Card in the US

    How to Get a Green Card in the US

    Enhancing Energy Efficiency with Air Pollution Control Systems

    Enhancing Energy Efficiency with Air Pollution Control Systems

    Who’s Who in the US Chamber of Commerce 

    Who’s Who in the US Chamber of Commerce 

    How to Reduce Your Carbon Footprint by Preserving Trees

    How to Reduce Your Carbon Footprint by Preserving Trees

    Trending Tags

    • Donald Trump
    • Future of News
    • climate change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech
    • All
    • Apps
    • Gear
    • Mobile
    The Most Common Sales Contract Mistakes SaaS Companies Make

    The Most Common Sales Contract Mistakes SaaS Companies Make

    Protect Your Personal Internet Data with Right Plan from the Best Company

    Best Reasons to Get High Speed Internet at Home

    Keeping Up With the Latest Techy TrTends

    Keeping Up With the Latest Techy TrTends

    The Technique of Cybersecurity Risk Management: Protecting Your Business from Threats

    The Technique of Cybersecurity Risk Management: Protecting Your Business from Threats

    Dafabet App – Mobile App Available for Download on iOS and Android in India 2023

    Dafabet App – Mobile App Available for Download on iOS and Android in India 2023

    Ways to Increase Your Conversion Rate on Website Right Now

    Ways to Increase Your Conversion Rate on Website Right Now

    How Hospitals Are Using Technology in 2023

    How Hospitals Are Using Technology in 2023

    5 Uses For 3D Visualization Technology

    5 Uses For 3D Visualization Technology

    How to Keep Your Workforce Happy and Motivated by Using Technology

    How to Keep Your Workforce Happy and Motivated by Using Technology

    Advancement of AI (Artificial Intelligent) in Healthcare Industries

    Advancement of AI (Artificial Intelligent) in Healthcare Industries

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    How playing online games can be beneficial to kids?

    How playing online games can be beneficial to kids?

    Slot machines online casinos Fairspin: How to play and win

    Slot machines online casinos Fairspin: How to play and win

    EVENT PHOTOGRAPHY

    7 Common Mistakes to Avoid When Hiring an Event Photographer

    Experience the Unique World of Japanese Video Games

    Experience the Unique World of Japanese Video Games

    Xbox Gaming- The Ultimate Entertainment Experience

    Xbox Gaming- The Ultimate Entertainment Experience

    What Is The Easiest Game To Win at a Casino?

    Online Casinos: The Rise of the Modern Casino

    Top 5 Casinos in Kiev (Ukraine) – 2021

    Best online casinos in Australia

    The best games to play when travelling 900 words

    The best games to play when travelling 900 words

    Childcare Services Edinburgh

    How Can Working Parents Afford And Choose Quality Childcare Services?

    Get the Best Quality Childcare Services Edinburgh

    How Childcare Helps Children During Their Transition To School? 

  • Lifestyle
    • All
    • Food
    5 Tips For Choosing The Perfect Braided Wig For Your Style

    5 Tips For Choosing The Perfect Braided Wig For Your Style

    PERSONAL TRAINER IN CHIGWELL

    How exercise improves your brain function and productivity? 

    How to Style up Your Designer Lehenga look for Wedding Party

    How to Style up Your Designer Lehenga look for Wedding Party

    How to Make Your Deer Feeder Last Longer

    How to Make Your Deer Feeder Last Longer

    Personal Trainer in Chigwell & Loughton

    How Diet Coaching Can Help You Achieve Your Fitness Goals?

    Water Purifier

    Portable Water Purifier for Clean Water at All Times

    Acrylic Pins

    A Look at the History of Acrylic Pins and Keychains: From Function to Fashion

    5 Mistakes You Can Avoid at a Strip Club

    5 Mistakes You Can Avoid at a Strip Club

    A swimming pool takes centre stage at this tropical modernist architecture in Thailand

    The Benefits of Having a Swimming Pool in Your Backyard

    flowers

    Impressive Birthday Flowers to Surprise Your Loved Ones

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • climate change
    • Flat Earth
  • Contact Us
No Result
View All Result
Asia Posts- Trending Post Of the World
No Result
View All Result

Malaysia to fight move by late sultan’s heirs to seize Dutch assets

by Alex John
September 30, 2022
in Asia, News, World
0
Late sultan's heirs press US$15 billion claim, target Malaysian assets in Netherlands
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

KUALA LUMPUR: Malaysia on Friday (Sep 30) said it will challenge a move by the heirs of a former Southeast Asian sultan to seize its Dutch assets as part of the descendents’ efforts to enforce a US$15 billion arbitration award against the Malaysian state.

The heirs of the former Sulu sultan on Thursday asked a Dutch court for permission to seize Malaysian assets in the Netherlands, where some of Malaysia’s biggest companies have operations – including state oil firm Petronas.

The heirs are targeting Malaysian assets overseas following the government’s refusal to recognise the US$15 billion arbitration award by a French court in February, which found it had reneged on an 1878 land leasing agreement between a British company and the last sultan of Sulu.

Malaysia has said it does not recognise the heirs’ claim and that the arbitration, in which it did not participate, was illegal.

Malaysia obtained a stay on the ruling pending an appeal, but the award remains enforceable outside France under a United Nations treaty on international arbitration.

“Malaysia will spare no expense in defending its sovereignty and its assets abroad wherever they may be situated,” law minister Wan Junaidi Tuanku Jaafar said in a statement.

He said Malaysia would take legal action in the Netherlands to “resist and set aside” any attempt to seize assets, and that the country has initiated a global strategy to proactively challenge other possible seizure bids.

A spokesperson for the heirs did not have an immediate comment.

Wan Junaidi also said Petronas’ assets were not assets of the government of Malaysia.

“It would be an abuse of the process of any court to seek enforcement against such assets,” he said.

The Malaysian government is the sole shareholder of Petronas and collects an annual dividend from the oil firm.

Petronas did not have an immediate comment on the government statement. It has not commented on the heirs’ court petition in the Netherlands.

In July, two Luxembourg-based subsidiaries of Petronas were seized by court bailiffs as part of the heirs’ effort to claim the award.

Petronas has described the Luxembourg seizure as “baseless” and vowed to defend its global assets.

[ad_2]

RelatedPosts

Get Your Life Back After A Chicago Golf Cart Accident

Billionaire Rinat Akhmetov on Ukraine’s Endurance a Year Into the War

My Body, My Choice-Why We Need to Support Women’s Reproductive Rights

(Visited 24 times, 1 visits today)
Share196Tweet123Share49
Alex John

Alex John

Hi, I am Alex John, A blogger and online marketer at AsiaPosts.com.

  • Trending
  • Comments
  • Latest
Singer Vidhu Prathap Children Baby: Kid, Wife, Son, Daughter & Family

Singer Vidhu Prathap Children Baby: Kid, Wife, Son, Daughter & Family

October 15, 2020
Valentina Sampaio before surgery, Partner, Sister, Parents

Valentina Sampaio before surgery, Partner, Sister, Parents

December 20, 2020
King Von Autopsy Photos Graphic

King Von Autopsy Photos Graphic

March 22, 2022

Some Useful Links for You to Get Started

0
How to Make Your Home More Eccentric

How to Make Your Home More Eccentric

0
5 Temples in Phuket, Thailand You Must Visit

5 Temples in Phuket, Thailand You Must Visit

0
Laundry tips for singles

Tips for Saving Money on Laundry: 10 Ways to Cut Costs

June 8, 2023
Reputation and reviews of forklift licence course providers

Choosing the Right Forklift Licence Course: What to Consider

June 7, 2023
The Most Common Sales Contract Mistakes SaaS Companies Make

The Most Common Sales Contract Mistakes SaaS Companies Make

June 4, 2023
Asia Posts- Trending Post Of the World

Copyright © 2022 AsiaPosts.com.

Navigate Site

  • Tips & Tricks
  • Education
  • Trending
  • About Us
  • Privacy Policy
  • Contact Us
  • Do my homework for me

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2022 AsiaPosts.com.