29 Aug 2022
1. ) LEONG SENG WUI 2. ) KOK KWANG LIM 3. ) VALHALLA CAPITAL SDN BHD CAELY HOLDINGS BHD PENCELAH 1. ) LOH MING CHOON 2. ) WONG SIAW PUIE 3. ) SIN HOCK MIN 4. ) MOHAMAD HANAFIAH BIN ZAKARIA 5. ) KOO CHEN YENG
- Citation
- WA-24NCC-732-06/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-732-06/2022 (Mahkamah Tinggi)
The purported adjournment was invalid because the chairman relied on a constitutional provision (Article 79(2)) that did not authorize adjournment and failed to obtain the meeting's consent as required by Article 80; consequently the shareholders were entitled to elect a chairman among themselves and validly continue the EGM by poll, and the resolutions passed and the Notice ROD relied upon are valid.