26 Aug 2021
1. CHUAH SEONG KEAT (NRIC NO. :- 650228-08-5835) 2. PAU KAA THIAM (NRIC NO.:- 640422-10-7509) 3. THUAN CHEW BOON (NRIC NO.:- 730623-06-5113) 4. LAI YIP POON (NRIC NO.:- 650409-08-5463) 1. DIN TAN YONG CHIA (NRIC NO.:- 930223-14-6551) 2. DIO
- Citation
- WA-24NCC-559-12/2020 (No. 3) (Mahkamah Tinggi)
- Court
- No. 3
- Case number
- WA-24NCC-559-12/2020 (No. 3) (Mahkamah Tinggi)
Application dismissed because applicants failed to produce cogent, solid evidence that company assets were in jeopardy or at real risk of dissipation, companies remained going concerns able to manage their affairs, and appointment of an interim Receiver & Manager would cause unjustified harm; the three prerequisites for R&M were not satisfied.