1. ) YONG KOK YEAP 2. ) FANG CHEE PENG v URUSWAJAR CONCRETE SDN BHD
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Counsel (4)
Case Significance
1. ) YONG KOK YEAP 2. ) FANG CHEE PENG v URUSWAJAR CONCRETE SDN BHD is a High Court (Mahkamah Tinggi) decision dated January 7, 2026 (citation: ba-12b-35-04-2025). <p>Two directors of a wound-up company appealed against the Sessions Court's judgment holding them liable as guarantors for RM561,471.40 owed by MKP Builders Sdn Bhd for concrete supplies. The High Court dismissed the appeal, finding the directors had signed the Continuing Guarantee & Indemnity for MKP Builders (not a different company as they claimed), the plaintiff was not required to obtain leave under s.471 Companies Act 2016 to sue guarantors, and the reportage defence was not pleaded.</p> The case was decided by Seow Hock Peng. Counsel appearing: Tang Kim Choong (counsel for appellant), Tieh Siaw Siong (counsel for respondent).
Summary
Two directors of a wound-up company appealed against the Sessions Court's judgment holding them liable as guarantors for RM561,471.40 owed by MKP Builders Sdn Bhd for concrete supplies. The High Court dismissed the appeal, finding the directors had signed the Continuing Guarantee & Indemnity for MKP Builders (not a different company as they claimed), the plaintiff was not required to obtain leave under s.471 Companies Act 2016 to sue guarantors, and the reportage defence was not pleaded.
What was the outcome of 1. ) YONG KOK YEAP 2. ) FANG CHEE PENG v URUSWAJAR CONCRETE SDN BHD?
<p>Two directors of a wound-up company appealed against the Sessions Court's judgment holding them liable as guarantors for RM561,471.40 owed by MKP B...