1. ) TAY KENG PIAU 2. ) TAY KENG AIK 3. ) KU SUAT CHENG @ KHOO SUAT CHENG v GOLDEN RADIUS SDN BHD

ma-24ncc-14-06-2025 High Court (Mahkamah Tinggi) 26 February 2026 • MA-24NCC-14-06/2025 • 15 min read

7 cases cited (0 SG, 7 foreign)

Catchwords

This Court finds no evidence of mala fides on the part of the Defendant’s board in refusing to register the transfer. As established by the Supreme Court in Kuality Textiles (M) Sdn Bhd v Arunachalam & Ors [1990] 3 MLJ 361, a mere refusal to register shares, without more, is insufficient to sustain allegations of mala fides.

Judges (1)

Isa Aziz Ibrahim Delivered

Counsel (5)

Chee Siah Le Kee & Partners Firm WS Ang & Associates Firm Ho Yew Ching Counsel Plaintiff Kee Tong Kiak Counsel Defendant Lee Xiang Yen Counsel Defendant

Parties (4)

GOLDEN RADIUS Sdn Bhd Respondent Ku Suat Cheng @ Khoo Suat Cheng Applicant Tay Keng Aik Applicant Tay Keng Piau Applicant

Statutes Cited

Companies Act 2016 (Cap 777)

Evidence Act 1950 (Cap 56)

Rules of Court 2012

Cases Cited (7)

UK (1)

[1984] 2 Ch 290

MY (6)

[1979] 2 MLJ 240 [1981] 2 MLJ 17 [1990] 3 MLJ 361 [2019] 5 CLJ 329 [2021] MLJU 1843 [2025] MLJU 3698

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (ma-24ncc-14-06-2025)