As a result, it was agreed that Kaneto and DPI Solar would have a 40% interest while Goh, Teh and the BGMC group would hold 60%. The JV resulted in them winning the bid, with the project costing almost RM414 million.

Kaneto and DPI Solar in their statement of claim alleged they were engaged by Goh and Teh to participate in a joint venture (JV) to bid with the Energy Commission for the two renewable energy projects in Kuala Muda and Machang in 2017, for which they claimed the Malaysians do not have the expertise. The RM180 million suit was filed by Kazuomi Kaneto and DPI Solar at the High Court here on Monday (July 4) via the firm Messrs Wong and Partners, and it also named Pimpinan Ehsan Bhd (PEB), a company listed on the Malaysian stock exchange, ReNikola Sdn Bhd, ReNikola Holdings Sdn Bhd, and one Lim Beng Guan as co-defendants.īGMCIL is a Cayman Islands company which is listed at the Hong Kong stock exchange, and the large scale solar photovoltaic plants were developed by two entities known as BGMC Bras Power Sdn Bhd and Idiwan Solar Sdn Bhd. BGMC, according to the statement of claim, is an acronym for Barry Goh Ming Choon.

The plantiff has claimed that Goh is a shadow director in the BGMC group of companies, while Teh is his nominee in the business and said to control the business affairs of BGMC and some of the other companies which are named in the suit that owns land for the project. KUALA LUMPUR (July 4): A Japanese national and his Singapore-based company DPI Solar 1 Pte Ltd has filed a suit against BGMC International Ltd (BGMCIL) group founder Tan Sri Barry Goh Ming Choon, his nephew and BGMCIL CEO/Executive Director Datuk Michael Teh Kok Lee, BGMC Holdings Ltd, BGMCIL and 21 others for purported fraud and causing wrongful loss over the Kuala Muda, Kedah and Machang, Kelantan solar projects.

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