PANG SUI JIN v CELLPRO CONSULTANCY SDN BHD

wa-24ncc-581-12-2024 High Court (Mahkamah Tinggi) 29 May 2025 • WA-24NCC-581-12/2024

Catchwords

Derivative Action - Section 347 Companies Act 2016 - Leave to commence proceedings - Good faith requirement - Prima facie case - Best interests of company - Locus standi - 20% shareholder - Procedural compliance - Section 348(2) notice requirement - Fiduciary duties - Breach by sole director - De facto directors - Shareholder ratification - Self-dealing transactions - Diversion of corporate opportunities and assets - Misappropriation of company funds - Competing entities - Documentary evidence - Collateral purpose - Vengeful retribution - Unclean hands - Quantification of loss - Litigation costs - Section 350 legal fees - Frivolous application test

Practice Areas

Derivative Action

Judges (1)

Wan Muhammad Amin bin Wan Yahya Delivered

Parties (2)

CELLPRO CONSULTANCY Sdn Bhd Respondent Pang Sui Jin Applicant

Case Significance

PANG SUI JIN v CELLPRO CONSULTANCY SDN BHD is a High Court (Mahkamah Tinggi) decision dated May 29, 2025 (citation: wa-24ncc-581-12-2024). The case was decided by Wan Muhammad Amin bin Wan Yahya.

What was the outcome of PANG SUI JIN v CELLPRO CONSULTANCY SDN BHD?

PANG SUI JIN v CELLPRO CONSULTANCY SDN BHD is a High Court decision dated May 29, 2025. The case was heard by Wan Muhammad Amin bin Wan Yahya. See the full judgment for details.