Everegion Sdn Bhd v Puan Chan Cheong

The High Court of Malaya at Kuala Lumpur heard consolidated commercial suits WA-22NCC-378-08/2021 and WA-22NCC-379-08/2021 between Everegion Sdn Bhd and Medinis Sdn Bhd (Plaintiffs) against Puan Chan Cheong (Defendant). The Plaintiffs sought summary judgment based on Put Option Agreements for G3 Global warrants. The Defendant raised defenses of sham agreement, illegal money lending, and breach of contract. Judicial Commissioner Ong Chee Kwan allowed the Plaintiffs' applications for summary judgment, finding no bona fide defense, and awarded costs.