30 May 2025
PANG SUI JIN CELLPRO CONSULTANCY SDN BHD
- Citation
- WA-24NCC-581-12/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-581-12/2024 (Mahkamah Tinggi)
Applicant, a 20% shareholder, complied with s348 notice requirements and presented documentary evidence establishing good faith and a prima facie cause of action with reasonable prospects of success; it is prima facie in the company's best interests to grant leave to pursue derivative proceedings against the Proposed Defendants; merits to be determined in substantive proceedings.