XXXX v XXXX

22ncc-146-05-2015 High Court (Mahkamah Tinggi) 21 December 2022 • 22NCC-146-05/2015 • 55 min read

10 cases cited (1 SG, 9 foreign)

Catchwords

section 188 of the Capital Market and Services Act 2007 - Insider trading - Malicious prosecution - Abuse of process - Whether the Defendant was in possession of the Notice of Cancellation of the Contract - Whether the Defendant communicated information to another Defendant - Whether the Defendants are "insiders" within the meaning of sections 188(1) and 188(2)(a) of the CMSA - Whether the Defendant had acted on the said information - Whether the Defendants had breached section 188(2)(b) of the CMSA or alternatively, section 188(2)(a) of the CMSA - Whether the Cancellation Notice is material information as defined under sections 183, 184 and 185 of the CMSA

Judges (1)

Ahmad Zaidi bin Ibrahim Delivered

Counsel (13)

Benjamin Dawson Firm Lim, Chong, Phang & Amy Firm Radhi Azizan Firm Benjamin John Dawson Counsel Plaintiff Chong Loong Men Counsel Defendant Eileen Othman Counsel Plaintiff Jaslyn Saw Weu Wen Counsel Defendant Mohamed Yusof Bin Zainal Abidin Counsel Defendant Muhammad Radhi Bin Azizan Counsel Defendant Munira Binti Msood Counsel Plaintiff Ng Chian Huey Counsel Plaintiff Nurul Rafeeza Binti Hamdan Counsel Plaintiff Tan Hui Ru Counsel Plaintiff

Statutes Cited

Capital Market and Services Act

s 188

Capital Markets and Services Act 2007

s 188(2)(b) s 188(3)(a)

Cases Cited (10)

SLR (1)

[1998] 3 SLR(R) 205

UK (2)

[1975] QB 834 [1995] 1 All ER 577

MY (7)

[1995] 3 CLJ 639 [1999] 6 CLJ 590 [2008] MLJU 377 [2010] 1 CLJ 484 [2015] 7 CLJ 849 [2018] 9 MLJ 782 [2021] 7 CLJ 913

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (22ncc-146-05-2015)