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Home owners of Ampas Apartment sue Oxley Holdings unit in collective sale dispute
They argue it isn't entitled to rescind deal for Ampas Apartment, claim error by both sides
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An exterior view of the Ampas Apartment building situated at 5 Jalan Ampas, on Jan 18, 2019.
ST PHOTO: SAHIBA CHAWHARY
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Forty home owners of the 43-unit freehold Ampas Apartment, which was sold last year in a $95 million collective sale, have sued the buyer for wanting to pull out of the deal.
Oxley Jasper, a subsidiary of public-listed Oxley Holdings, said it was entitled to call off the deal after its proposal for a new residential development was rejected by the planning authorities.
