1. ) VICTOR WANG 2. ) WANG ZHENG v 1. ) MUHAMMAD FAIZ BIN MAMING 2. ) SARA NURASHEKEEN BINTI SUHAILI 3. ) ANDY CHEONG NAM LOONG 4. ) OOI YOU JING 5. ) CHOW CAPITAL VENTURE LPT 6. ) STUDIO TWENTY THREE SDN. BHD.

wa-24ncc-276-05-2025 High Court (Mahkamah Tinggi) 18 September 2025 • WA-24NCC-276-05/2025

Catchwords

Companies Act, Section 346 - Whether the removal of directors by the duly convened extraordinary general meeting (“EGM”) amounts to oppression conduct – Whether there was an exception on the general principle – Whether arise the case of “quasi-partnership” –The Court held that there is no oppression within the meaning of Section 346 – The issue of “quasi-partnerships “ was not fully argued. The removal of directors by ordinary resolutions is a legitimate act of shareholder democracy, taken to protect the Company from directors who had engaged in serious misconduct – Originating Summons is dismissed with costs.

Practice Areas

Companies Act, Section 346

Judges (1)

Seow Hock Peng Delivered

Parties (8)

STUDIO TWENTY THREE Sdn Bhd Respondent Andy Cheong Nam Loong Respondent Chow Capital Venture Lpt Respondent Muhammad Faiz bin Maming Respondent Ooi You Jing Respondent Sara Nurashekeen binti Suhaili Respondent Victor Wang Applicant Wang Zheng Applicant

Case Significance

1. ) VICTOR WANG 2. ) WANG ZHENG v 1. ) MUHAMMAD FAIZ BIN MAMING 2. ) SARA NU... is a High Court (Mahkamah Tinggi) decision dated September 18, 2025 (citation: wa-24ncc-276-05-2025). The case was decided by Seow Hock Peng.

What was the outcome of 1. ) VICTOR WANG 2. ) WANG ZHENG v 1. ) MUHAMMAD FAIZ BIN MAMING 2. ) SARA NU...?

1. ) VICTOR WANG 2. ) WANG ZHENG v 1. ) MUHAMMAD FAIZ BIN MAMING 2. ) SARA NU... is a High Court decision dated September 18, 2025. The case was heard by Seow Hock Peng. See the full judgment for details.