JJ’s mum gets RM1 billion shares in son’s estate

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Partially wins bid over son’s fortune.

The High Court has granted a declaration to the mother of the late Rompin MP Jamaluddin Jarjis that three million shares worth RM1.044 billion in Rantai Wawasan Sdn Bhd are part of her son’s estate, and that she is entitled as a beneficiary to the estate.

Judge Mohd Firuz Jaffril, however, denied two other claims by Aminah Abdullah, 86, involving shares worth RM313 million in Alpine Motion Sdn Bhd and Ivory Insights Sdn Bhd, which he held did not form part of Jamaluddin’s estate.

“A trust deed, created in 2009, made the deceased (Jamaluddin) the legal, beneficial and ultimate owner of Rantai Wawasan’s shares.

“Once the owner passes away, the shares must go to the estate.

“With that being the position, Aminah has successfully proven the claim on Rantai Wawasan’s shares,” he said.

Dismissing her claim against the transfers of shares in Alpine Motion and Ivory Insight, the court said both companies were never beneficially owned by Jamaluddin, as no evidence showed that he paid for the shares in either company.

The court also awarded RM80,000 in costs to Aminah.

Aminah filed the suit in 2019, naming her grandchildren Nur Anis and Ikhwan Hafiz as defendants.

In her suit, she said if the grandchildren failed to transfer the companies’ shares, a court official should be authorised to execute the task in favour of the estate’s joint administrators.

Jamaluddin, who was previously a businessman, was elected as Rompin MP in 1990 and remained as the elected representative until his death.

He also served as minister of science, technology and innovation and as the ambassador to the US.

Jamaluddin died in a helicopter crash in 2015. – FMT