24 Nov 2025
MIDF AMANAH INVESTMENT NOMINEES (TEMPATAN) SDN BHD EFOGEN SDN BHD (DALAM PENGGULUNGAN) PENCELAH ABU TALIB BIN ABDUL RAHMAN
- Citation
- WA-28PW-5-01/2025 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-28PW-5-01/2025 (Mahkamah Tinggi)
The SPA was validly executed and completed with payment; the transfer remaining unregistered was a formality; the Applicant had leave and standing to apply; section 472 does not invalidate the completed SPA and the court can order validation of the transfer despite subsequent winding up; prior judicial determinations upheld the SPA (res judicata); accordingly the court must order registration of the 20,000,000 shares in the Intervener's name and award costs.