The defendant as mentioned earlier, is the Crown Prince of Johor. Besides being a prince, he is also involved in many commercial ventures... the defendant agreed to expeditiously arrange for the entire financing of and technical assistance for the petroleum operations ......in consideration of the plaintiffs agreeing to sell to the defendant forty-nine per cent (49%) of the rights and interests in the TACs...but...the Defendant failed, refused and/or neglected to do.....the Defendant is the crown prince of Johor. He would in future be entitled to ascend the throne of Johor. In this regard the Plaintiffs would be disadvantaged as the Defendant would enjoy immunity from claims of non-residents. The Plaintiffs would not face this disadvantage in Singapore. etc etc.....
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