1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitachi Zosen Corporation [NOD at Encl. 192] 2. ) IPL Middle East DMCC 3. ) Alam Hzem Sdn Bhd [NOD at Encl. 192] 4. ) Cypark Sdn Bhd 5. ) ANN JOO METAL SDN BHD 6. ) ANN JOO METAL (SINGAPORE) PTE LTD 7. ) SAPURAOMV UPSTREAM (SARAWAK) INC. 8. ) Konecranes Material Handling (Malaysia) Sdn. Bhd. (Formerly known as MHE-Demag Malaysia Sdn. Bhd.) 9. ) TIETJEN VERFAHRENSTECHNIK GMBH 10. ) Affin Bank Berhad 11. ) Meccilect Sdn. Bhd...
wa-24ncc-201-04-2024 High Court (Mahkamah Tinggi) 11 March 2025 • WA-24NCC-201-04/2024 • 16 min read
8 cases cited
(0 SG, 8 foreign)
Catchwords
Company law- Scheme of Arrangement-Section 366 of Companies Act 2016-Orders to convene scheme meeting-Convening Issues-jurisdictional or quasi-jurisdictional barries-classification based on rights and not interest-full and frank disclosure of all material facts-no convening order if there are factors lead to the refusal-bona fide and not abuse of process. Company Law- Scheme of Arrangment-Section 368 Companies Act 2016-Restraining orders-cooling off period of 1 year before new application-feasibility and merits due consideration by creditors-power to grant is also derived from Section 368 Companies Act 2016-ad interim orders had exhausted 3 months prescribed duration.
Judges (1)
Counsel (23)
Firoz Julian Firm Kriishand G Krishnan Firm Lee Hishamuddin Allen & Gledhill Firm Rahmat Lim & Partners Firm Shui Tai Firm Sia Siew Mun & Co Firm Sidek Teoh Wong & Dennis Firm Aimee Lee Kim Moong Counsel Respondent Alvin John Counsel Applicant Alvin Julian Counsel Respondent Amanda John Counsel Applicant Athena Chan Counsel Respondent Chia Oh Sheng Counsel Respondent Chong Kah Yee Counsel Respondent Hasif Salman Counsel Applicant Kelviin Manuel Pillay Counsel Intervener Kriishand G Krishnan Counsel Intervener Kwong Chiew Ee Counsel Respondent Long Adman Counsel Respondent Maria Faustina Counsel Intervener Ong Eng Hong Counsel Respondent Prabjit Singh Counsel Respondent Sharan Chandran Counsel Applicant
Parties (37)
AFFIN BANK BERHAD [Nod At Encl. 192] AFFIN BANK BERHAD Intervener ANN JOO METAL PTE LTD [Nod At Encl. 192] ANN JOO METAL PTE LTD Intervener ANN JOO METAL Sdn Bhd [Nod At Encl. 192] ANN JOO METAL Sdn Bhd Intervener Alam Hzem Sdn Bhd [Nod At Encl. 192] Alam Hzem Sdn Bhd Intervener BANK OF CHINA BERHAD Intervener BIO REFINING INDUSTRIES INC Intervener Credit Guarantee & Investment Facility, a trust fund of the Asian Development Bank Intervener Cypark Sdn Bhd [Nod At Encl. 192] Cypark Sdn Bhd Intervener DANOS LIMITED Non Party FLS PROJECTS Sdn Bhd [Nod At Encl. 192] FLS PROJECTS Sdn Bhd Intervener Hitachi Zosen Corporation Intervener KNM GROUP BERHAD Applicant KNM PROCESS SYSTEMS Sdn Bhd Applicant Konecranes Material Handling Sdn Bhd [Nod At Encl. 192] Konecranes Material Handling Sdn Bhd Intervener MALAYAN BANKING BERHAD [Nod At Encl. 192] MALAYAN BANKING BERHAD Intervener MBSB BANK BERHAD [Nod At Encl. 192] MBSB BANK BERHAD Intervener Meccilect Sdn Bhd [Nod At Encl. 192] Meccilect Sdn Bhd Intervener NGK Insulators, Ltd Non Party SAPURAOMV UPSTREAM INC [Nod At Encl. 192] SAPURAOMV UPSTREAM INC Intervener TA PRIVATE CAPITAL SECURITY AGENT LTD Non Party TIETJEN VERFAHRENSTECHNIK GMBH [Nod At Encl. 192] TIETJEN VERFAHRENSTECHNIK GMBH Intervener TRANSASIA PRIVATE CAPITAL LIMITED [Nod At Encl. 192] Credit Guarantee & Investment Facility [Nod At Encl. 192] Ipl Middle East Dmcc [Nod At Encl. 192] Ipl Middle East Dmcc Intervener
Case Significance
1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach... is a High Court (Mahkamah Tinggi) decision dated March 11, 2025 (citation: wa-24ncc-201-04-2024). The case was decided by Suhendran Sockanathan.
What was the outcome of 1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach...?
1. ) KNM GROUP BERHAD 2. ) KNM PROCESS SYSTEMS SDN. BHD. PENCELAH 1. ) Hitach... is a High Court decision dated March 11, 2025. The case was heard by Suhendran Sockanathan. See the full judgment for details.
Statutes Cited
Companies Act 2016 (Cap 777)
Rules of Court 2012
Cases Cited (8)
UK (7)
[1893] 3 Ch 385 [2018] EWHC 3029 [2021] EWHC 1551 [2021] EWHC 685 [2022] EWHC 1318 [2023] EWHC 1365 [2025] EWHC 338
MY (1)
[2025] MLJU 1234
Judgment
Read the full judgment on the official Malaysia Courts portal.
Read on eJudgmentSource: eJudgment (wa-24ncc-201-04-2024)