1. ) DATO' SERI YONG TU SANG 2. ) KUALA IBAI DEVELOPMENT SDN BHD 3. ) IBAI GOLF & COUNTRY CLUB BERHAD 4. ) IBAI LEASURE SDN BHD 5. ) IBAI RIA SDN BHD 6. ) IBAIMAS SDN BHD 7. ) YONG EMMY 8. ) YONG HIN SIONG v 1. ) DATO' CHANG JONG YU 2. ) SINCERE IMAGE SDN BHD 3. ) LAMAN KEJORA SDN BHD 4. ) PERMAI IKHLAS SDN BHD 5. ) ICONIC BINA SDN BHD 6. ) CERAH TEGUH SDN BHD PIHAK TERKILAN 1. ) Dato' Chang Jong Yu 2. ) TETUAN MOHAMED ASRI & CO.

Case Significance

1. ) DATO' SERI YONG TU SANG 2. ) KUALA IBAI DEVELOPMENT SDN BHD 3. ) IBAI GO... is a High Court (Mahkamah Tinggi) decision dated November 24, 2025 (citation: wa-22ncvc-166-03-2019). <p>Dato' Seri Yong Tu Sang and related companies sued Dato' Chang Jong Yu for breach of duties as Managing Director of Kuala Ibai Development and conspiracy to injure, while Chang filed a counterclaim seeking declarations that board resolutions removing him were void. The High Court dismissed the plaintiffs' claim and allowed the defendant's counterclaim, finding the shareholders' agreement was valid and the resolutions passed at the October 2018 board meeting were null and void.</p> The case was decided by Suzana binti Muhamad Said. Counsel appearing: Chung Jay Shin (counsel for defendant), Dheenish a/l Thevandran (counsel for plaintiff), Lau Kee Sern (counsel for defendant), Thes Eashen Previndran (counsel for plaintiff), Venothani Rajagopal (counsel for plaintiff), Vynny Wong Poh Yee (counsel for defendant).

Key issues: 4. The Court dismissed the Plaintiff's claim and allowed the Defendants' counterclaim..