11 Dec 2025
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- Citation
- 24NCC-189-06/2013 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- 24NCC-189-06/2013 (Mahkamah Tinggi)
The court held that (1) the five heads of oppression were conclusively established by prior findings and the assessment proceedings were confined to quantum; (2) the reflective loss principle did not bar Auspicious Journey because the losses were personal and directed at the excluded minority (exception recognised in Low Cheng Teik); (3) causation between the 51% SPA and the quantified losses was established; (4) BSOP valuation evidence of the plaintiff's expert was accepted as reliable and appropriate using 31.12.2012 as the proximate assessment date; and (5) accordingly damages of RM18,553,…