MAH SAU CHEONG v 1. ) SOUTH MALAYSIA INDUSTRIES BERHAD 2. ) HONSIN APPAREL SDN. BHD. 3. ) HIQ MEDIA (MALAYSIA) SDN. BHD. 4. ) TECHBASE INDUSTRIES BERHAD 5. ) YB VENTURES BERHAD 6. ) YI-LAI MARKETING SDN. BHD. 7. ) YI-LAI INDUSTRY BERHAD 8. ) TECHBASE SOLUTION SDN. BHD. 9. ) TECHBASE SYSTEM SDN. BHD. 10. ) YB TECHNOLOGIES SDN. BHD. 11. ) TACOCAT SDN. BHD. 12. ) TRIDEAS SOLUTION SDN. BHD. 13. ) RESERVOIR LINK HOLDINGS SDN. BHD. 14. ) LASER CAPITAL HOLDINGS SDN. BHD. 15. ) GLASS & PLASTIC PACKAG...

ja-22ncc-48-07-2024 High Court (Mahkamah Tinggi) 4 September 2024 • JA-22NCC-48-07/2024 • 15 min read
8 cases cited (0 SG, 8 foreign)

Catchwords

Suatu permohonan gantirugi-gantirugi - jual beli saham-saham dan kawalan syarikat - sebuah syarikat tersenarai awam di Malaysia - satu perintah injuksi interim - Suruhanjaya Sekuriti Malaysia - amicus curiae - badan statutori - mengawal selia dan membangunkan pasan modal Malaysia - Seksyen 15 Akta Suruhanjaya Sekuriti Malaysia 1993 [Akta 498] - Seksyen 217 Akta Pasaran Modal dan Perkhidmatan 2007 [Akta 671] - pentadbiran pengambilalihan dan penggabungan syarikat - tatacara perolehan saham-saham - dasar pelaksanaan keadilan secara landcar dan berkesan - persoalan pertimbangan imbangan kemudahan - kuasa budi bicara Mahakamah - Aturan 92 Kaedah 4 Kaedah-Kaedah Mahkamah 2012.

Judges (1)

Noor Hisham bin Ismail Delivered

Counsel (13)

Alfred Lai & Partners Firm Gideon Tan Razali Zaini Firm Lim Chee Wee Partnership Firm Razak, Lim & Co. Firm Terrence Lee & Co Firm Wong Kian Kheong Firm Alex Tan Chie Sian Counsel Defendant Alfred Lai Choong Wui Counsel Plaintiff Brian Ernest Cumming Counsel Defendant Lee Shih Counsel Intervener Phang Pok Shan Jeremy Counsel Defendant Tan Su Ning Counsel Defendant Yip Man Fei Counsel Defendant

Parties (33)

GLASS & PLASTIC PACKAGING Sdn Bhd Defendant HIQ MEDIA Sdn Bhd Defendant HONSIN APPAREL Sdn Bhd Defendant LASER CAPITAL HOLDINGS Sdn Bhd Defendant RESERVOIR LINK HOLDINGS Sdn Bhd Defendant SOUTH MALAYSIA INDUSTRIES BERHAD Defendant Suruhanjaya Sekuriti Malaysia Intervener Suruhanjaya Sekuriti Malaysia Non Party TACOCAT Sdn Bhd Defendant TARGET 1 Sdn Bhd Defendant TECHBASE INDUSTRIES BERHAD Defendant TECHBASE SOLUTION Sdn Bhd Defendant TECHBASE SYSTEM Sdn Bhd Defendant TRIDEAS SOLUTION Sdn Bhd Defendant VELOCITY CAPITAL Sdn Bhd Defendant YB TECHNOLOGIES Sdn Bhd Defendant YB VENTURES BERHAD Defendant YI-LAI INDUSTRY BERHAD Defendant YI-LAI MARKETING Sdn Bhd Defendant Chong Fu Shen Defendant Datin Lim Lee Wheng Defendant Dato Sri Andrew Tan Jun Suan Defendant Dato Sri Gan Chow Tee Defendant Datuk Au Yee Boon Defendant Khor Chong Yak Defendant Leong Seng Wui Defendant Lim Kim Tek Defendant Mah Sau Cheong Plaintiff Phan Fon Choon Defendant Phan Wong Kwai Defendant Thien Chiet Chai Defendant Wi Kim Swee Defendant Yong Bee Bee Defendant

Statutes Cited

Specific Relief Act 1950 (Cap 137)

Cases Cited (8)

UK (1)
[1975] 1 All ER 504
MY (7)
[1995] 1 MLJ 193 [1997] 1 CLJ 147 [2002] 2 AMR 2457 [2002] 2 CLJ 259 [2002] 3 CLJ 83 [2014] 1 CLJ 18 [2017] 1 CLJ 133

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ja-22ncc-48-07-2024)