29 Aug 2022
1. ) LEONG SENG WUI 2. ) KOK KWANG LIM 3. ) VALHALLA CAPITAL SDN BHD CAELY HOLDINGS BHD PENCELAH 1. ) LOH MING CHOON 2. ) WONG SIAW PUIE 3. ) SIN HOCK MIN 4. ) MOHAMAD HANAFIAH BIN ZAKARIA 5. ) KOO CHEN YENG
- Citation
- WA-24NCC-732-06/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-732-06/2022 (Mahkamah Tinggi)
The purported adjournment was invalid because the chairman relied on Article 79(2) which does not authorize unilateral adjournment and he failed to obtain the consent required under Article 80 (by poll); consequently the shareholders validly continued the EGM by electing a chairman, conducting a poll and passing resolutions; reliance on the Notice ROD as the GMROD was proper because the defendant failed to provide an updated ROD and the Notice ROD complied with the statutory requirement of being not less than three market days before the meeting.