Malaysia Case Law: Decisions & Judgments

Topic

Asset dissipation

Legal area

Court

29 Jan 2026

1. ) Sukri Bin Ahmad 2. ) Mohd Razuan Bin Abu Kasim 3. ) Azalan Bin Ahmad 4. ) Rashdan Bin Baharuddin 5. ) Harfeezah Binti Mohd Ariff 6. ) Haris Bin Abdul Majid 7. ) Ruhani Binti Ibrahim 8. ) MOMY GOLD SDN BHD 9. ) Anuar Bin Haron 10. ) Eza

Citation

BA-24-25-09/2025 (Mahkamah Tinggi)
Court

High Court
Case number

BA-24-25-09/2025 (Mahkamah Tinggi)

Discovery ordered in part because specified financial and corporate documents were relevant and necessary under Order 24; Mareva injunction granted against the first defendant up to RM6.5 million because plaintiffs established a good arguable case and a real risk of dissipation; extension to second to fourth defendants refused for lack of evidence of control or that their assets were D1's assets.
11 Mar 2025

TEO YUN HOCK 1. ) AUTOHOME MOTOR SDN BHD 2. ) GO AUTO SALES SDN BHD 3. ) SHEIKH MOHAMAD AZLI BIN SHEIKH MOHAMAD NASIMUDDIN KAMAL 4. ) SHEIKH MOHAMAD AZRUL BIN SHEIKH MOHAMAD NASIMUDDIN KAMAL 5. ) AHMAD AZAM BIN SULAIMAN 6. ) GO AUTO SERVICE

Citation

WA-22NCC-70-02/2025 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCC-70-02/2025 (Mahkamah Tinggi)

On the affidavit evidence the plaintiff established a good arguable case of fraud, that the relevant defendants possessed assets within Malaysia and that there was a real risk of dissipation; accordingly a Mareva injunction was justified and granted against defendants 1,2,3,4,6 and 14 freezing assets up to RM3,532,000 with detailed conditions and disclosures set out in the sealed order.
15 Feb 2024

MUHAMMAD AMIN BIN ANUAR (BERAMAL SEBAGAI PEGUAMBELA & PEGUAMCARA DI FIRMA GUAMAN TETUAN AMIN CHAMBERS) 1. ) SEOW JING HUI 2. ) THAM CHEE FAI 3. ) TETUAN LING & THENG BOOK (DISAMAN SEBAGAI SEBUAH FIRMA GUAMAN) 4. ) SEOOW JUIN HERNG 5. ) NORI

Citation

BA-22NCvC-11-01/2021 (Mahkamah Tinggi)
Court

High Court
Case number

BA-22NCvC-11-01/2021 (Mahkamah Tinggi)

Application dismissed because plaintiff failed to satisfy Mareva's three limbs and the duty of full and frank disclosure: (1) no good arguable case on evidence (plaintiff concealed material facts and consent evidence undermined allegations); (2) assets identified were not shown to belong to defendants or be within their control; (3) no solid evidence of real risk of dissipation; reliefs sought were vague and mischaracterised as Mareva; costs awarded to defendants.
17 Oct 2023

SIM KWANG KAI, ADRIAN 1. ) JOHNATHAN WONG FUTT PO 2. ) SABRINA MICKAGNES LEE YAN CHENG 3. ) MOHD SYAFIQ BIN SHAHABUDIN 4. ) JW SAB & PARTNERS SDN BHD 5. ) CHIEW CHAK MENG 6. ) TETUAN TANES KHOO & PAULRAJ PIHAK TERKILAN 1. ) Yong Min Jie 2.

Citation

WA-22NCC-425-06/2023 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCC-425-06/2023 (Mahkamah Tinggi)

Although the plaintiff established a good arguable case and defendants have assets within jurisdiction, the Mareva injunction was refused because the plaintiff failed to adduce solid evidence of a real risk that defendants would dissipate assets to avoid judgment; the claim of dissipation rested primarily on inferences from alleged lack of probity regarding RM3,154,231.40, evidence was weak and inconsistent, there was material unexplained delay undermining urgency, and the application appeared aimed at securing assets/pressuring settlement rather than preventing imminent evasion of judgment.
28 Apr 2022

Suruhanjaya Sekuriti Malaysia 1. ) WONG SHEE KAI 2. ) TEH SEW WAN 3. ) WONG SK HOLDINGS SDN. BHD. PENCELAH Suruhanjaya Sekuriti Malaysia

Citation

WA-22NCC-171-05/2020 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCC-171-05/2020 (Mahkamah Tinggi)

The court held that s.179 CMSA falls within the ambit of a "relevant requirement" under s.360 when construed purposively; the SC had established a good arguable case of fraud and could trace substantial pecuniary gains of RM56,074,500 to the Defendants; there was a real risk of dissipation (including post-notice changes in offshore beneficial ownership); s.360(5) exempts the SC from providing an undertaking as to damages; the ex parte order was not vitiated by alleged non-disclosure or initial use of an unaffirmed affidavit; accordingly the SC's interlocutory worldwide freezing application up…
13 Nov 2020

Aerodua Metal (M) Sdn Bhd Ibarat Hijau Sdn Bhd

Citation

WA-22NCC-433-09/2020 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCC-433-09/2020 (Mahkamah Tinggi)

On the evidence before the court the plaintiff raised bona fide serious issues including that the plant and machinery were held on trust for the joint venture and that removal by the defendant risked dissipation; damages were potentially inadequate given the proprietary nature and the plaintiff had paid the substantial balance; weighing the balance of convenience and lack of prejudice to defendant, the discretion favoured granting an interlocutory injunction with specified limited terms and inspection rights.
15 Oct 2020

DAN VANCE KIMBALL (PASSPORT NO. 720475924) 1. ROXANDE MICHELLE KIMBALL (PASSPORT NO. : 565927021)

Citation

WA-22NCVC-957-12/2019 (Mahkamah Tinggi)
Court

High Court
Case number

WA-22NCVC-957-12/2019 (Mahkamah Tinggi)

Court found plaintiff satisfied the three-element Mareva test: there was a good arguable case given material contradictions and contested revocation/transfer events; assets (Cyberjaya property and company/trust assets) are within jurisdiction; and there existed a real risk of dissipation from defendants' conduct; accordingly the Mareva injunction and ancillary disclosure were granted subject to security.

Malaysia Case Law

1. ) Sukri Bin Ahmad 2. ) Mohd Razuan Bin Abu Kasim 3. ) Azalan Bin Ahmad 4. ) Rashdan Bin Baharuddin 5. ) Harfeezah Binti Mohd Ariff 6. ) Haris Bin Abdul Majid 7. ) Ruhani Binti Ibrahim 8. ) MOMY GOLD SDN BHD 9. ) Anuar Bin Haron 10. ) Eza

TEO YUN HOCK 1. ) AUTOHOME MOTOR SDN BHD 2. ) GO AUTO SALES SDN BHD 3. ) SHEIKH MOHAMAD AZLI BIN SHEIKH MOHAMAD NASIMUDDIN KAMAL 4. ) SHEIKH MOHAMAD AZRUL BIN SHEIKH MOHAMAD NASIMUDDIN KAMAL 5. ) AHMAD AZAM BIN SULAIMAN 6. ) GO AUTO SERVICE

MUHAMMAD AMIN BIN ANUAR (BERAMAL SEBAGAI PEGUAMBELA & PEGUAMCARA DI FIRMA GUAMAN TETUAN AMIN CHAMBERS) 1. ) SEOW JING HUI 2. ) THAM CHEE FAI 3. ) TETUAN LING & THENG BOOK (DISAMAN SEBAGAI SEBUAH FIRMA GUAMAN) 4. ) SEOOW JUIN HERNG 5. ) NORI

SIM KWANG KAI, ADRIAN 1. ) JOHNATHAN WONG FUTT PO 2. ) SABRINA MICKAGNES LEE YAN CHENG 3. ) MOHD SYAFIQ BIN SHAHABUDIN 4. ) JW SAB & PARTNERS SDN BHD 5. ) CHIEW CHAK MENG 6. ) TETUAN TANES KHOO & PAULRAJ PIHAK TERKILAN 1. ) Yong Min Jie 2.

Suruhanjaya Sekuriti Malaysia 1. ) WONG SHEE KAI 2. ) TEH SEW WAN 3. ) WONG SK HOLDINGS SDN. BHD. PENCELAH Suruhanjaya Sekuriti Malaysia

Aerodua Metal (M) Sdn Bhd Ibarat Hijau Sdn Bhd

DAN VANCE KIMBALL (PASSPORT NO. 720475924) 1. ROXANDE MICHELLE KIMBALL (PASSPORT NO. : 565927021)