2 Sept 2021
HO YAW MING 1. ) HO YAU HONG 2. ) HO BOO CHING 3. ) MHW INDUSTRIAL AUTOMATION SDN BHD 4. ) MHW COMPUTER SERVICES SDN BHD 5. ) EBOOK KEEPING OUTSOURCE SDN BHD PIHAK TERKILAN Tan Poh Tin BUKAN PIHAK-PIHAK WAN IDRIS BIN WAN IBRAHIM
- Citation
- WA-24NCC-388-08/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-388-08/2020 (Mahkamah Tinggi)
The court held that the combined misconduct of failing to prepare audited accounts and hold AGMs and diverting funds from the 3rd defendant to related entities constituted oppression under s346(1)(a) and (b) of the Companies Act 2016 because it deprived the plaintiff of statutory and proprietary rights as a shareholder; the proper relief included ordering the 1st defendant to purchase the plaintiff's shares and costs.