25 Apr 2024
1. ) Goh Choon Kim 2. ) Ong Ah Poh 3. ) Goh Wan Peng 1. ) Natural Transforms Sdn Bhd 2. ) Chan Eng Leong 3. ) Chong Bee Choo
- Citation
- PA-24NCvC-955-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-24NCvC-955-12/2020 (Mahkamah Tinggi)
On the balance of probabilities, read in their contractual matrix and together with corresponding Share Sale Agreements and documentary conduct, SHA1 and SHA2 effectuate sale and transfer of existing shares rather than subscription of new shares; plaintiffs failed to perform their alleged obligations and are judicially estopped from asserting a subscription theory, therefore the declarations sought were refused and the originating summons dismissed.