LU GIR KUANG v 1. ) LLC DEVELOPMENT SDN. BHD. 2. ) LING THOR YUEN

ba-22ncvc-71-02-2024 High Court (Mahkamah Tinggi) 4 June 2025 • BA-22NCvC-71-02/2024 • 17 min read

12 cases cited (0 SG, 12 foreign)

Catchwords

CONTRACT: Recovery of service fee - Whether the Service Agreement is enforceable – Legality of related investment agreement - Deal structure of investment – Whether it is a sham transaction – Whether the service was in fact a brokering of an illegal moneylending arrangement - Moneylending transaction disguised as an investment – True bargain - Loan with exorbitant interest – Rebuttable presumption of moneylending business – Section 10OA of the Moneylenders Act 1951 – Section 24 of the Contracts Act 1950

Judges (1)

Elaine Yap Chin Gaik Delivered

Counsel (4)

K C Tang & Co. Firm Ooi's Chambers Firm Ooi She Yi Counsel Plaintiff Tang Kim Choong Counsel Defendant

Parties (3)

LLC DEVELOPMENT Sdn Bhd Defendant Ling Thor Yuen Defendant Lu Gir Kuang Plaintiff

Case Significance

LU GIR KUANG v 1. ) LLC DEVELOPMENT SDN. BHD. 2. ) LING THOR YUEN is a High Court (Mahkamah Tinggi) decision dated June 4, 2025 (citation: ba-22ncvc-71-02-2024). The case was decided by Elaine Yap Chin Gaik.

What was the outcome of LU GIR KUANG v 1. ) LLC DEVELOPMENT SDN. BHD. 2. ) LING THOR YUEN?

LU GIR KUANG v 1. ) LLC DEVELOPMENT SDN. BHD. 2. ) LING THOR YUEN is a High Court decision dated June 4, 2025. The case was heard by Elaine Yap Chin Gaik. See the full judgment for details.

Statutes Cited

Contracts Act 1950 (Cap 136)

Evidence Act 1950 (Cap 56)

s 92

Cases Cited (12)

UK (1)

[1967] 2 QB 786

MY (11)

[1980] 2 MLJ 9 [1999] 2 CLJ 997 [2001] 1 CLJ 779 [2001] 1 MLJ 324 [2015] 5 MLJ 619 [2015] 8 CLJ 212 [2019] MLJU 1552 [2020] 6 MLJ 755 [2023] 10 CLJ 187 [2023] 6 MLJ 818 [2024] 2 CLJ 20

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ba-22ncvc-71-02-2024)