25 Apr 2024
1. ) Goh Choon Kim 2. ) Ong Ah Poh 1. ) Natural Transforms Sdn Bhd 2. ) Chan Eng Leong
- Citation
- PA-24NCvC-950-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-24NCvC-950-12/2020 (Mahkamah Tinggi)
On the balance of probabilities and having regard to the matrix of fact, contemporaneous Share Sale Agreements, parties' conduct and earlier pleadings, SHA1 and SHA2 were intended to record the rights and obligations arising from sale and transfer of existing shares (SSA1 and SSA2) and not a subscription for new shares; therefore the plaintiffs' claim that the SHAs are void for want of consideration/performance fails.