28 Feb 2024
LEE AH LAN@ LEE KEOK HOOI 1. ) WONG KOON HUNG 2. ) Wong Kien Choong 3. ) MASERA REALTY SDN.BHD.
- Citation
- WA-22NCC-547-10/2022 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-547-10/2022 (Mahkamah Tinggi)
The court found there is a bona fide serious issue to be tried as to whether the 1st Defendant holds the 60,000 shares on trust for the Plaintiff (evidence of payment from Plaintiff's bank statement vs defendants' unsupported assertion); damages would be an inadequate remedy given the majority shareholding; the balance of convenience and justice of the case favour preserving the status quo pending trial; therefore interlocutory injunctive relief was granted and the defendants’ striking out application dismissed.