CHUN YOON KONG v 1. ) JIN XUAN HOLDINGS SDN BHD 2. ) YAP MUN FONG 3. ) YAP VOON KUIN

wa-28ncc-433-04-2025 High Court (Mahkamah Tinggi) 9 April 2026 • WA-28NCC-433-04/2025 • 41 min read
19 cases cited (0 SG, 19 foreign)

Outcome

The petition is dismissed with global costs of RM75,000.00 for the Respondents.

Quoted verbatim from the judgment of High Court (Mahkamah Tinggi) (wa-28ncc-433-04-2025). Read the full judgment on the official Malaysia Courts portal for the complete decision.

Catchwords

COMPANY LAW: Winding-up petition – Just and equitable ground – Quasi-partnership – Equal shareholders – Mutual confidence and participation in management – Eventual exclusion from management and removal as director – Breakdown of relationship – Clean hands doctrine – Petitioner’s disengagement from management and failure to perform duties – Whether exclusion justifies winding up – Profitable and solvent company – Alternative remedies available – Petition dismissed

Practice Areas

Company Law

Judges (1)

Elaine Yap Chin Gaik Delivered

Counsel (7)

Lee Hishammuddin Allen & Gledhill Firm Yi Wen & Co Firm Andrew Chiew Ean Vooi Counsel Respondent Jason Koh Wei Siong Counsel Respondent Joslyne Delano Goonting Counsel Petitioner Lum May Lan Counsel Petitioner Tan Yi wen Counsel Petitioner

Parties (4)

JIN XUAN HOLDINGS Sdn Bhd Respondent Chun Yoon Kong Petitioner Yap Mun Fong Respondent Yap Voon Kuin Respondent

Statutes Cited

Companies Act 2016 (Cap 777)
Income Tax Act 1967 (Cap 53)
Penal Code (Cap 574)

Cases Cited (19)

UK (6)
[1939] AC 277 [1956] 3 All ER 683 [1971] 3 All ER 184 [1973] AC 360 [2006] EWCA Civ 13 [2017] 1 All ER 191
MY (12)
[1987] 1 MLJ 433 [1988] 1 MLJ 326 [1994] 2 MLJ 72 [1995] 1 MLJ 769 [1997] 2 MLJ 190 [2000] 5 MLJ 529 [2001] MLJU 488 [2006] 4 MLJ 421 [2010] 6 CLJ 721 [2021] 2 CLJ 318 [2023] MLJU 1091 [2024] 6 CLJ 902
HK (1)
[2000] 4 HKC 469

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (wa-28ncc-433-04-2025)