Dato' Shun Leong Kwong v Dato Lee Chin Hwa
The Plaintiff, Dato' Shun Leong Kwong, sought an injunction to restrain the Defendant, Dato Lee Chin Hwa, from exercising his shareholder rights to remove the Plaintiff and his daughter from the board of Menang Corporation (M) Berhad. The Plaintiff claimed a breach of a purported agreement dated 26 January 2021. The High Court dismissed the application, finding no serious issue to be tried and emphasizing the statutory rights of shareholders under the Companies Act 2016.
Overview
Case Number
WA-22NCC-84-03/2021
Case Type
Civil - Commercial
Court
High Court of Malaya, Kuala Lumpur
Coram Judge
- Ahmad Fairuz Bin Zainol AbidinDelivered Judgment
Related Proceedings
Subject Matter
Corporate LawShareholder RightsInjunctions