3Q RESOURCES (M) SDN BHD v 1. ) MAGNUM CONSORTIUM SDN BHD 2. ) SOLIDWIN PROPERTY SDN BHD 3. ) HONG YEAM WAH 4. ) TEOH HAI HIN 5. ) KHAW TIEW CHAI 6. ) CHEN MUN HENG 7. ) Lee Chai Seng

pa-22ncvc-182-11-2018 High Court (Mahkamah Tinggi) 21 January 2025 • PA-22NCvC-182-11/2018

Catchwords

The security for costs is provided under Section 580A of Companies Act 2016 and Order 23 of the Rules of Court (ROC) 2012. Section 580A of the Companies Act provides that: - Section 580A of CA (1) Where a company is the Plaintiff in any action or other proceedings and if it appears by a credible testimony that there is a reason to believe that the company will be unable to pay costs of the defendant if the defendant is successful in his defence, the Court may order the plaintiff to give sufficient security for costs and to stay all action or proceedings until the security is given (2) The Court may direct the costs of any action or proceedings to be borne by the party to the action or proceedings.

Practice Areas

The security for costs is provided under Section 580A of Companies Act 2016 and Order 23 of the Rules of Court (ROC) 2012. Section 580A of the Companies Act provides that: - Section 580A of CA (1) Where a company is the Plaintiff in any action or other proceedings and if it appears by a credible testimony that there is a reason to believe that the company will be unable to pay costs of the defendant if the defendant is successful in his defence, the Court may order the plaintiff to give sufficient security for costs and to stay all action or proceedings until the security is given (2) The Court may direct the costs of any action or proceedings to be borne by the party to the action or proceedings.

Judges (1)

Rozana binti Ali Yusoff Delivered

Parties (8)

3Q Resources Sdn Bhd Plaintiff MAGNUM CONSORTIUM Sdn Bhd Defendant SOLIDWIN PROPERTY Sdn Bhd Defendant Chen Mun Heng Defendant Hong Yeam Wah Defendant Khaw Tiew Chai Defendant Lee Chai Seng Defendant Teoh Hai Hin Defendant

Case Significance

3Q RESOURCES (M) SDN BHD v 1. ) MAGNUM CONSORTIUM SDN BHD 2. ) SOLIDWIN PROPE... is a High Court (Mahkamah Tinggi) decision dated January 21, 2025 (citation: pa-22ncvc-182-11-2018). The case was decided by Rozana binti Ali Yusoff.

Key issues: The security for costs is provided under Section 580A of Companies Act 2016 and Order 23 of the Rules of Court (ROC) 2012. Section 580A of the Companies Act provides that: -.

What was the outcome of 3Q RESOURCES (M) SDN BHD v 1. ) MAGNUM CONSORTIUM SDN BHD 2. ) SOLIDWIN PROPE...?

3Q RESOURCES (M) SDN BHD v 1. ) MAGNUM CONSORTIUM SDN BHD 2. ) SOLIDWIN PROPE... is a High Court decision dated January 21, 2025. The case was heard by Rozana binti Ali Yusoff. See the full judgment for details.