KEDIOS BERHAD v 1. ) EDUVER EDUCATION BERHAD 2. ) TEE WEE SIONG 3. ) TEE E VA 4. ) TEE EE LEEN

wa-24ncc-398-07-2025 High Court (Mahkamah Tinggi) 17 December 2025 • WA-24NCC-398-07/2025

Catchwords

Company law - Derivative action — Statutory leave — Application to commence action in the name of the company — Companies Act 2016, ss. 347 & 348 — Requirements of good faith and best interest of the company under s. 348(4) — Alleged breach of directors’ duties, fiduciary duties, and misappropriation of funds — Serious financial irregularities and depletion of capital expenditure account — Whether application motivated by collateral purpose or personal animosity — Effect of deadlocked board on "remedy of last resort" principle — Low threshold for leave — Whether prima facie case established — Leave granted against director defendants but refused against non-director employee.

Practice Areas

Judges (1)

Muhammad Adam bin Abdullah Delivered

Parties (5)

EDUVER EDUCATION BERHAD Respondent KEDIOS BERHAD Applicant Tee E Va Respondent Tee Ee Leen Respondent Tee Wee Siong Respondent

Judgment

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Source: eJudgment (wa-24ncc-398-07-2025)