7 Aug 2023
CHAN WENG FUI 1. ) PAN MALAYSIA CAPITAL BERHAD 2. ) MALAYAN UNITED INDUSTRIES BERHAD 3. ) PAN MALAYSIA HOLDINGS BERHAD 4. ) PM ASSET MANAGEMENT SDN BHD 5. ) PM SECURITIES SDN BHD 6. ) PCB ASSET MANAGEMENT SDN BHD 7. ) MIRANEX SDN BHD 8. ) N
- Citation
- WA-24NCC-73-02/2023 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-73-02/2023 (Mahkamah Tinggi)
The court concluded the central legal question is whether PM Capital is a subsidiary of MUI Berhad and PM Holdings; documentary evidence established it is not (no control or majority shareholding), rendering the disputed factual allegations immaterial to the real issue and making cross-examination unnecessary; therefore the application to cross-examine the 11th defendant was dismissed.