29 May 2020
Shanxi Weixin Construction Engineering Co Ltd (Company No: 610000100395518) 1. Chang Tong Lee (NRIC No: 671101-08-6593) 2. Oceantrax Engineering Sdn Bhd (Company No: 541733-X)
- Citation
- PA-24NCC-17-07/2019 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- PA-24NCC-17-07/2019 (Mahkamah Tinggi)
Plaintiff failed to prove oppression or unfair prejudice under s 346: the payments were shown to be for legitimate part‑time work or subcontractors and wrongs alleged were primarily to the company (remediable by the company or by derivative action), there was no evidential diminution of shareholder value nor an irretrievable deadlock; accordingly the originating summons was dismissed with costs.