25 Apr 2024
1. ) Goh Choon Kim 2. ) Ong Ah Poh 1. ) Natural Transforms Sdn Bhd 2. ) Chan Eng Leong
- Citation
- PA-24NCvC-954-12/2020 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-24NCvC-954-12/2020 (Mahkamah Tinggi)
Considering the matrix of fact — the corresponding Share Sale Agreements (SSA1, SSA2), contemporaneous documents evidencing payment and transfer, parties' conduct (recognition and registration of defendants as shareholders), plaintiffs' earlier pleadings in Suit 8 asserting a collateral contract/trust, and the inconsistency of plaintiffs' later position — the court found the parties intended an outright sale and transfer of existing shares, not a subscription of new shares; plaintiffs failed to perform any obligations they now rely on and are judicially estopped from their inconsistent stance…