1. ) DAGANG NEXCHANGE BERHAD 2. ) DAGANG NET TECHNOLOGIES SDN BHD 3. ) DNEX TELCO SERVICES SDN BHD 4. ) PT DAGANG SAMUDERA HUTAMA 5. ) PT DNEX TELCO INDONESIA v MOHD ISMAIL KHAN BIN WAZIR KHAN

wa-22ncc-596-11-2022 High Court (Mahkamah Tinggi) 18 July 2024 • WA-22NCC-596-11/2022 • 34 min read

5 cases cited (0 SG, 5 foreign)

Catchwords

COMPANY LAW: Director – Fiduciary duties – Failure to comply with internal procedures – Failure to disclose conflict of interest – Failure to give careful and/or sound and/or reasonable advice – Making secret profits – Disclosure of confidential information to a third party

Judges (1)

Adlin binti Abdul Majid Delivered

Counsel (6)

Cheang & Ariff Firm Wan Shahrizal, Hari & Co. Firm Anson Chee Weng Kian Counsel Plaintiff Brian Foong Mun Loong Counsel Plaintiff Herman Goh Hong Mun Counsel Plaintiff Wan Shahrizal bin Wan Ladin Counsel Defendant

Parties (6)

DAGANG NET TECHNOLOGIES Sdn Bhd Plaintiff DAGANG NEXCHANGE BERHAD Plaintiff DNEX TELCO SERVICES Sdn Bhd Plaintiff Mohd Ismail Khan bin Wazir Khan Defendant Pt Dagang Samudera Hutama Plaintiff Pt Dnex Telco Indonesia Plaintiff

Statutes Cited

Companies Act 2016 (Cap 777)

Cases Cited (5)

MY (5)

[2010] 6 MLJ 459 [2015] 1 MLJ 773 [2018] 8 CLJ 490 [2019] 2 MLJ 379 [2019] MLJU 2091

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-22ncc-596-11-2022)