KOAY PENG SOON v 1. ) LEE SEIK FUN 2. ) LIM LEONG CHUAN 3. ) ENPRO SOLUTIONS SDN BHD 4. ) ABRE ENGINEERING SDN BHD 5. ) ENPRO TEKNOLOGI SDN BHD 6. ) ENPRO ENGINEERING SDN BHD
Catchwords
COMPANY LAW: Minority shareholder oppression – Denial of access to company accounts and financial information – Diversion of company funds to related entities – Whether systematic denial of director's access to financial records constitutes oppressive conduct – Whether unilateral transfer of company funds to entities solely owned by majority shareholders amounts to unfair prejudice – Whether buy-out remedy at fair value without minority discount is appropriate relief – Whether contemporaneous bank statement descriptions determine nature of payments as loans versus operational reimbursements – Applicability of Section 346 Companies Act 2016 – Standards of fair dealing and conditions of fair play in minority shareholder relationships CIVIL PROCEDURE: Counterclaim in originating summons proceedings – Whether counterclaim in affidavit complies with procedural requirements – Compliance with Order 28 Rule 7 Rules of Court 2012 – Whether formal application required for counterclaim directions in originating summons
Practice Areas
Judges (1)
Case Significance
KOAY PENG SOON v 1. ) LEE SEIK FUN 2. ) LIM LEONG CHUAN 3. ) ENPRO SOLUTIONS ... is a High Court (Mahkamah Tinggi) decision dated April 13, 2025 (citation: wa-24ncc-329-07-2024). The case was decided by Atan Mustaffa Yussof Ahmad.
What was the outcome of KOAY PENG SOON v 1. ) LEE SEIK FUN 2. ) LIM LEONG CHUAN 3. ) ENPRO SOLUTIONS ...?
KOAY PENG SOON v 1. ) LEE SEIK FUN 2. ) LIM LEONG CHUAN 3. ) ENPRO SOLUTIONS ... is a High Court decision dated April 13, 2025. The case was heard by Atan Mustaffa Yussof Ahmad. See the full judgment for details.