Introduction
Idza Hajar Ahmad Idzam (assisted by
Bailey Leong Pui Yee, Lee Sheen Yee and Yap Jia
Cheng) from Zul Rafique & Partners' Litigation
Practice Group had successfully acted for Ace Dynamic Team Sdn Bhd
(a company holding majority shares of a public listed entity)
("1st Defendant") and its majority
shareholder (who was previously a director) ("2nd
Defendant") in defending against a minority
oppression claim filed by one of the 1st Defendant's minority
shareholders ("Plaintiff").
Brief Facts
The Plaintiff commenced this proceeding against the Defendants
for remedies to be granted to him pursuant to section 346 of the
Companies Act 2016 for being allegedly oppressed as a minority
shareholder. The Plaintiff is a registered shareholder of the 1st
Defendant's company, holding 15% shareholding therein.