15 Jun 2020
1. YONG NGOKE SEONG 2. PONG JIN AN 1.SEOU LIM KHOON 2.LOKE HOOK BENG 3.LEE SON HONG 4.YOO YIM PENG
- Citation
- WA-22NCC-391-07/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-391-07/2019 (Mahkamah Tinggi)
The SSPA and supplemental agreement were not rendered illegal or frustrated by the presentation of the winding up petition under s472; a contract to transfer shares can remain valid though actual transfer requires court sanction; Plaintiffs failed to prove fraudulent non-disclosure; Plaintiffs breached payment obligations; Defendants validly terminated under express contractual rights; unjust enrichment was not established; both Plaintiffs' claim and Defendants' counterclaim are dismissed.