BURSA MALAYSIA SECURITIES BERHAD v 1. ) MAA GROUP BERHAD 2. ) CIMSEC NOMINEES (TEMPATAN) SDN BHD 3. ) KNM GROUP BERHAD 4. ) KNM PROCESS SYSTEMS SDN BHD

wa-24ncc-615-10-2025 High Court (Mahkamah Tinggi) 13 May 2026 • WA-24NCC-615-10/2025 • 47 min read
11 cases cited (0 SG, 11 foreign)

Catchwords

Company Law — Capital Markets and Services — Main Market Listing Requirements — Major Disposal — Shareholder Approval — Special Resolution — Regulatory Compliance — Listed Issuer — Chapter 10 Main Market Listing Requirements.

Practice Areas

Company Law

Judges (1)

Mohamad Redzuan bin Idrus Delivered

Counsel (11)

Cheang & Ariff Firm Deol & Gill Firm Rahmat Lim & Partners Firm Rashid Zulkifli Firm Anucia Yong A/P Devendran Counsel Defendant Chai Pei Xian Counsel Plaintiff Jacqueline Hannah Albert Counsel Defendant Loh Siew Cheang Counsel Plaintiff Nigel William Kraal Counsel Plaintiff Richard Jerome Peter Selestine Counsel Defendant Yong Li Zen Counsel Plaintiff

Parties (5)

Bursa Malaysia Securities Berhad Applicant CIMSEC NOMINEES Sdn Bhd Respondent KNM GROUP BERHAD Respondent KNM PROCESS SYSTEMS Sdn Bhd Respondent MAA GROUP BERHAD Respondent

Statutes Cited

Capital Markets and Services Act 2007
s 360(1)(c)
Companies Act 2016 (Cap 777)
s 311(3) s 366
Rules of Court 2012

Cases Cited (11)

UK (2)
[1897] AC 22 [1947] 2 All ER 372
MY (9)
[1979] 2 MLJ 240 [1995] 5 MLJ 616 [2018] 1 MLJ 649 [2018] 4 MLJ 695 [2020] 4 MLJ 380 [2022] 3 MLJ 450 [2022] 8 CLJ 678 [2024] MLJU 2186 [2024] MLJU 964

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-24ncc-615-10-2025)