ONG CHING FONG v 1. ) MATRIX TRIUMPH SDN BHD 2. ) DISCOVER ORIENT HOLIDAYS SDN BHD 3. ) FUNG CHUNG YUEN, STEVE PENCELAH LOO BEE HONG

wa-22ncc-868-11-2023 High Court (Mahkamah Tinggi) 6 April 2026 • WA-22NCC-868-11/2023 • 47 min read
15 cases cited (0 SG, 15 foreign)

Catchwords

Share sale agreement between the plaintiff as purchaser and the defendant as vendor – Whether the plaintiff has failed to fulfill his obligation under the share sale agreement with regard to the payment of the full purchase price – Whether the notice of termination by the defendant is valid and effective – Whether parts of the payment towards the purchase price amounted to financial assistance – Whether the plaintiff is entitled to specific performance of the share sale agreement.

Judges (1)

Quay Chew Soon Delivered

Counsel (8)

Cheang & Ariff Firm Choo, Lee & Partners Firm Thomas Philip Firm Choy Pei Zhen Counsel Defendant Ng Siau Sun Counsel Plaintiff Scott Wee Jen Yung Counsel Defendant Tsu Jean Yinn Counsel Plaintiff Verene Tan Yeen Yi Counsel Defendant

Parties (5)

DISCOVER ORIENT HOLIDAYS Sdn Bhd Defendant MATRIX TRIUMPH Sdn Bhd Defendant Fung Chung Yuen, Steve Defendant Loo Bee Hong Intervener Ong Ching Fong Plaintiff

Statutes Cited

Companies Act 2016 (Cap 777)
s 123
Evidence Act 1950 (Cap 56)
s 92
Specific Relief Act 1950 (Cap 137)

Cases Cited (15)

UK (2)
[1970] AC 583 [1975] QB 834
MY (13)
[1984] 1 CLJ 80 [1984] 2 MLJ 19 [2005] 3 MLJ 585 [2008] 1 MLJ 718 [2010] 1 MLJ 597 [2015] 5 MLJ 810 [2016] 1 MLJ 464 [2020] 2 MLJ 771 [2020] 5 MLJ 523 [2021] 2 MLJ 374 [2022] 6 MLJ 853 [2025] MLJU 1078 [2025] MLJU 3049

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-22ncc-868-11-2023)