1. ) NG CHIK VOON 2. ) TAN SWEE HOE 3. ) KOAY KUAN KING 4. ) CHENG TEN SIONG v 1. ) STRONGHOLD CYCLES SDN BHD 2. ) DIDI RESOURCES SDN BHD 3. ) DIDI AUTOMOTIVE SDN BHD 4. ) DIDI MOTORCYCLES SDN BHD 5. ) DIDI LIFESTYLE PTE LTD 6. ) GB MOTORS REALTY SDN BHD 7. ) GOH BROTHERS MOTORCYCLES SDN BHD 8. ) GOH BROTHERS CAPITAL SDN BHD 9. ) TELAGAMAS CAPITAL SDN BHD 10. ) GOH KIAN SIN 11. ) JUAN CHOW WEE

ba-24ncc-120-10-2023 High Court (Mahkamah Tinggi) 21 January 2025 • BA-24NCC-120-10/2023 • 27 min read

12 cases cited (1 SG, 11 foreign)

Catchwords

Striking out - Oppression claim by majority shareholders - Discussions between promoters - Arrangement during incorporation – Alleging breach of the Arrangement - Diversion of business from Company – Majority shareholders in control of the board and management – Locus standi to claim under section 346 of the Companies Act 2016 – Whether majority control is ineffective to bring to an end or remedy the alleged oppressive conduct – Proper plaintiff rule - Rule against reflective loss – Duplicity of proceedings – Abuse of process - The Arrangement and alleged oppressive acts are fully pleaded in a separate writ action filed earlier - Both writ action and section 346 claim seeking money compensation in term of an account of profits or damages and purchase consideration of shares as buy-out remedy respectively – Whether remedies in law adequate

Judges (1)

Elaine Yap Chin Gaik Delivered

Counsel (9)

Izral Partnership Firm Peter Ling & Co. Firm Tommy Thomas Firm Alicia Gomez Counsel Defendant Ganesan Nithi Counsel Defendant Jane Chan Counsel Plaintiff Manpreet Sandhu Counsel Defendant Nicholas Navaraon Counsel Plaintiff Peter Douglas Counsel Defendant

Parties (15)

DIDI LIFESTYLE PTE LTD Respondent DIDI MOTORCYCLES Sdn Bhd Respondent Didi Automotive Sdn Bhd Respondent Didi Resources Sdn Bhd Respondent GB MOTORS REALTY Sdn Bhd Respondent GOH BROTHERS CAPITAL Sdn Bhd Respondent GOH BROTHERS MOTORCYCLES Sdn Bhd Respondent STRONGHOLD CYCLES Sdn Bhd Respondent TELAGAMAS CAPITAL Sdn Bhd Respondent Cheng Ten Siong Applicant Goh Kian Sin Respondent Juan Chow Wee Respondent Koay Kuan King Applicant Ng Chik Voon Applicant Tan Swee Hoe Applicant

Case Significance

1. ) NG CHIK VOON 2. ) TAN SWEE HOE 3. ) KOAY KUAN KING 4. ) CHENG TEN SIONG ... is a High Court (Mahkamah Tinggi) decision dated January 21, 2025 (citation: ba-24ncc-120-10-2023). The case was decided by Elaine Yap Chin Gaik.

What was the outcome of 1. ) NG CHIK VOON 2. ) TAN SWEE HOE 3. ) KOAY KUAN KING 4. ) CHENG TEN SIONG ...?

1. ) NG CHIK VOON 2. ) TAN SWEE HOE 3. ) KOAY KUAN KING 4. ) CHENG TEN SIONG ... is a High Court decision dated January 21, 2025. The case was heard by Elaine Yap Chin Gaik. See the full judgment for details.