19 Feb 2020
SAFARI ALLIANCE SDN BHD (Company No.: 1330373-A) TIGER SYNERGY BERHAD (Company No.: 1330373-A)
- Citation
- WA-24NCC-67-02/2020 (Dengar Bersama WA-24NCC-74-02/2020) (Mahkamah Tinggi)
- Court
- Dengar Bersama WA-24NCC-74-02/2020
- Case number
- WA-24NCC-67-02/2020 (Dengar Bersama WA-24NCC-74-02/2020) (Mahkamah Tinggi)
The court held that Tiger Synergy’s decision to convene a competing EGM on a date anterior to a valid member‑convened EGM was an improper exercise of power and mala fide, caused confusion and wasted members’ resources, and that the Tiger Synergy resolutions were ineffective because they lacked the requisite special notice; accordingly the company‑called EGM was invalid and the member‑called EGM was protected by declaratory and injunctive relief.