8 Aug 2024
1. ) CHAN KOK THIN @ CHAN KOK CHENG 2. ) CHAN BEE TIN 3. ) CHAN BEE HIM 1. ) CHAN YOK SENG 2. ) CHAN LIAN TEE 3. ) CHAN EDDY 4. ) SON HUUT PLANTATION SDN BHD
- Citation
- JA-24NCC-27-10/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-24NCC-27-10/2022 (Mahkamah Tinggi)
The court held that a singular, egregious dilution can constitute oppressive conduct if it shows a strong propensity to blatantly disregard or prejudice a shareholder's interests, and that the court may exercise statutory remedial powers to order relief including share purchase, regulation of company affairs, capital reduction or winding up to remedy the oppression.