28 May 2025
PEMPETISYEN LOO BEE ENG 1. ) WINNERS ALUMINIUM & GLASS SDN BHD 2. ) PAN KEE MUN 3. ) PHANG KA TING 4. ) LIM TECK SENG 5. ) LEE CHOON CHIN
- Citation
- PA-28NCC-114-09/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-28NCC-114-09/2023 (Mahkamah Tinggi)
The court found prima facie evidence that the two director-shareholders acted in their own interests and in ways unfair and unjust to one another, that their relationship has irretrievably broken down and they are deadlocked with equal shareholding preventing effective management; accordingly it is just and equitable to wind up the company under s465(1)(f) and s465(1)(h) of the Companies Act 2016 and appoint a liquidator to realize assets and distribute proceeds after debts.