31 Oct 2019
1. HENG TANG HAI (NRIC NO.: 610918-01-5539) 2. NG TAK KEE @ WONG TAK KEE (NRIC NO.: 640417-10-5955) 1. DATO’ DR GUE SEE SEW (NRIC NO.: 530503-04-5189) 2. TAN YEAN CHIN (NRIC NO.: 680229-07-5177) 3. LIEW SHAW SHONG (NRIC NO.: 680911-12-5595)
- Citation
- WA-24NCC-168-04/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-168-04/2019 (Mahkamah Tinggi)
Article 15 of the Articles of Association does not invalidate private shareholders' agreements or trust arrangements between the parties; the Shareholders' Agreement, Company Policy and 2013 Trust Deeds are valid and enforceable between the parties, Article 71B is satisfied by beneficial ownership, and the Plaintiffs failed to prove any contravention of public policy or MOF guidance; therefore the Originating Summons and the interlocutory injunction were dismissed with costs.