6 May 2022
1. ) LIM SENG BOON 2. ) VOON SZE LIN 1. ) CHEW SHIN YONG, MARK 2. ) NICHOLAS WONG YEW KHID 3. ) KENNETH VUN @ VUN YUN LIUN 4. ) M3 TECHNOLOGIES (ASIA) BERHAD
- Citation
- WA-24NCC-233-05/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-233-05/2021 (Mahkamah Tinggi)
Plaintiffs failed to prove on a balance of probabilities that the 3rd Defendant was a shadow director or that the directors acted oppressively; issuance of ESOS to D1 was a bona fide management decision to raise cash and did not constitute commercial unfairness or dilutive prejudice to proven majority; injunctions were academic; therefore OS dismissed with costs.