TREMENDOUS ENTERTAINMENT HOLDINGS BERHAD PENCELAH 1. ) LEONG WEI LUN 2. ) LEONG WEI PIN 3. ) SEE SER CHIA 4. ) LOO CHEE WEE 5. ) TIEU WEI LONG 6. ) MyCreative Ventures Sdn Bhd

wa-24ncc-511-09-2023 High Court (Mahkamah Tinggi) 15 December 2025 • WA-24NCC-511-09/2023 • 39 min read

18 cases cited (3 SG, 15 foreign)

Outcome

To recapitulate, given my finding that the classification was flawed and the failure to meet the statutory majority under s. 366(3), I dismissed Encl 26 with costs of RM20,000.00.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-24ncc-511-09-2023). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

Company law-Scheme of arrangement-Sanction of Scheme-Companies Act 2016, s.366-Whether statutory requirements complied with- Classification of creditors-Whether classes properly constituted-Majority approval at creditors meeting-Disclosure in explanatory statement-Bona fide arrangement-Whether scheme fair and reasonable-Interest of creditors-Absence of material irregularity-Whether court should grant sanction.

Practice Areas

Judges (1)

Suhendran Sockanathan Delivered

Counsel (5)

Azmi & Associates Firm Chellam Wong Firm Lim Li Huang Counsel Applicant Mark Ho Hing Kheong Counsel Applicant Tengku Nazmi Bin Tengku Anuar Counsel Respondent

Parties (7)

MyCreative Ventures Sdn Bhd Intervener TREMENDOUS ENTERTAINMENT HOLDINGS BERHAD Applicant Leong Wei Lun Intervener Leong Wei Pin Intervener Loo Chee Wee Intervener See Ser Chia Intervener Tieu Wei Long Intervener

Statutes Cited

Companies Act 2016 (Cap 777)

Rules of Court 2012

Cases Cited (18)

SG (2)

[2003] SGHC 288 [2012] SGCA 9

SLR (1)

[2025] 1 SLR 687

UK (4)

[1892] 2 QB 573 [1966] 1 All ER 1006 [1966] 1 WLR 819 [2018] EWHC 3029

AU (1)

[2003] NSWSC 927

MY (8)

[2009] 8 MLJ 841 [2014] 6 MLJ 56 [2015] MLJU 745 [2021] 10 MLJ 327 [2022] 8 MLJ 604 [2023] 5 MLJ 900 [2025] MLJU 1234 [2025] MLJU 511

HK (2)

[2000] 4 HKC 778 [2009] 3 HKC 292

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-24ncc-511-09-2023)