28 May 2021
CHEW ENG CHOON & 2 ORS PROFOUND GATEWAY SDN BHD & 4 ORS
- Citation
- WA-24NCC-200-05/2014 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-24NCC-200-05/2014 (Mahkamah Tinggi)
Defendants failed to show that ex-parte communications affected the valuation, failed to prove material departure from the engagement or lack of independence, and waived opportunities to challenge the report; accordingly the court accepted the KPMG Valuation Report as the fair value and awarded consequential buy-out orders including interest from the date of filing.