20 Nov 2023
1. ) LOOH KEO @ LOOH LIM TENG 2. ) LOOH CHAI BOON (Mendakwa sebagai wakil Pertama) 1. ) LOOH CHEE PENG 2. ) Loo Chee Peng 3. ) Looh Chee Wee 4. ) Looh Pik Loo 5. ) Looh Kit Siang 6. ) Looh Loo Yeok 7. ) PROSPELL ENTERPRISE SDN BHD 8. ) YOKE
- Citation
- WA-22NCC-112-03/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-112-03/2022 (Mahkamah Tinggi)
On the evidence the court found the Plaintiff proved that shares registered in the Individual Defendants' names were held on trust for him; the presumption of advancement was rebutted by substantial direct and circumstantial evidence, a resulting trust arose and, independently, a constructive trust was imposed because it would be unconscionable for the Individual Defendants to retain the beneficial interest; equitable/common-law fraud and dishonest concealment were established; remedies include declarations restoring beneficial interest to Plaintiff, transfer/restitution of shares, exemplary…