1. ) Dato' Chang Jong Yu 2. ) Iconic Bina Sdn Bhd 3. ) Laman Kejora Sdn Bhd 4. ) Permai Ikhlas Sdn Bhd 5. ) Cerah Teguh Sdn Bhd v 1. ) Kuala Ibai Property Sdn Bhd 2. ) Modern Mode Sdn Bhd 3. ) Saham Terbilang Sdn Bhd 4. ) Woo Thin Choy 5. ) Chai Owi Yok 6. ) Ong Pee Leong 7. ) Ong Kee Hin

Case Significance

1. ) Dato' Chang Jong Yu 2. ) Iconic Bina Sdn Bhd 3. ) Laman Kejora Sdn Bhd 4... is a Court of Appeal (Mahkamah Rayuan) decision dated April 10, 2025 (citation: w-02imncc-1912-11-2024). <p>Dato' Chang Jong Yu and related companies sought an interlocutory injunction under Section 351 of the Companies Act 2016 to restrain the respondents from transferring or dealing with lands belonging to Ibaimas Sdn Bhd pending trial. The Court of Appeal allowed the appeal, finding the High Court was plainly wrong in dismissing the statutory injunction application and granting an order restraining the respondents from transferring or creating interests in the disputed lands without court leave. The panel comprised Azimah binti Omar, Noorin binti Badaruddin and Ravinthran a/l Paramaguru, with Azimah binti Omar delivering the judgment.

Key issues: Misuse of company's winding-up process and statutory remedies under Section 351 of the Companies Act 2016.