5 Sept 2024
MAH SAU CHEONG 1. ) SOUTH MALAYSIA INDUSTRIES BERHAD 2. ) HONSIN APPAREL SDN. BHD. 3. ) HIQ MEDIA (MALAYSIA) SDN. BHD. 4. ) TECHBASE INDUSTRIES BERHAD 5. ) YB VENTURES BERHAD 6. ) YI-LAI MARKETING SDN. BHD. 7. ) YI-LAI INDUSTRY BERHAD 8. )
- Citation
- JA-22NCC-48-07/2024 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- JA-22NCC-48-07/2024 (Mahkamah Tinggi)
The ad‑interim injunction was refused because the materials before the court were insufficient to justify the exercise of its inherent jurisdiction and, in light of the statutory regulatory scheme governing mandatory takeover offers and the importance of a full inter partes hearing to determine balance of convenience and other issues, the proper course was to proceed to the inter partes hearing with the Securities Commission allowed to assist as amicus curiae.