13 Dec 2022
Suruhanjaya Sekuriti Malaysia 1. ) KOON YEW YIN 2. ) TAN KIT PHENG 3. ) DAVID CHEW @ CHEW HOOI BOON 4. ) YAP SUNG PANG
- Citation
- AA-B52NCvC-25-07/2022 (Mahkamah Sesyen)
- Court
- Sessions Court
- Case number
- AA-B52NCvC-25-07/2022 (Mahkamah Sesyen)
Defendants failed to disclose any bona fide triable issue undermining the Commission's statutory finding that they acted in concert and breached mandatory takeover obligations; statutory sanction is recoverable as a civil debt and, because defendants did not challenge the sanction by timely judicial review, they cannot collaterally attack it in this suit; summary judgment under Order 14 is therefore appropriate and granted for the penalty amount.