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MANAGEMENT OF FOREIGN INVESTMENT DISPUTE IN MALAYSIA: A CRITICAL REVIEW FROM UNCTAD PERSPECTIVE
(STEF92 Technology, 2014, A. Zahid, S. Jusoh, F. S. Theeng)
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In 2009, Malaysia lost the case of Salvors Sdn Bhd v. Malaysia, which resulted from a dispute over an investment agreement between Malaysia and the investor, a company owned and controlled by a British citizen. The investment agreement was to locate and salvage the wreck of the ship Diana off the coast of Melaka, a state of Malaysia. The dispute arose over the investor's additional claim of RM400,000, which the various Government departments refused to entertain. The matter was first taken to ad hoc arbitration, w...



