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2023 MarsdenLR 1298

HIGH COURT MALAYA KUALA LUMPUR
SAIDI ABANG SAMSUDIN & ANOR – Appellant
Versus
QEOS LED SDN BHD & ORS – Respondent


Petitioner Advocates:Dinesh Kanavaji ,Respondent Advocate: Shim De Zhen

Table of Content
1. plaintiffs' claims and background facts (Para 1 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20)
2. parties' arguments regarding trusts and agreements (Para 21 , 22 , 23)
3. court's analysis and findings (Para 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47 , 48 , 49 , 50 , 51 , 52 , 53 , 54 , 55 , 56 , 57 , 58 , 59 , 60 , 61 , 62 , 63 , 64 , 65 , 66 , 67 , 68 , 69 , 70 , 71 , 72 , 73 , 74 , 75 , 76 , 77 , 78 , 79 , 80 , 81 , 82 , 83 , 84 , 85 , 86 , 87 , 88 , 89 , 90 , 91 , 92 , 93 , 94 , 95 , 96 , 97 , 98 , 99 , 100 , 101 , 102 , 103 , 104 , 105 , 107)
4. final judgment and dismissal of claims (Para 106)
Liza Chan Sow Keng J:

Introduction

[1] In this action, the Plaintiffs claimed against the 1st Defendant ("D1") 4,800,000 units of issued and fully paid up shares in the 3rd Defendant ("Jepak") on the basis that D1 is a constructive trustee for the Second Plaintiff ("P2")) of 2,700,000 Jepak shares and the Second Defendant ("D2") of 2,100,000 Jepak shares, account by D1 and Jepak of all monies received from the Ministry of Education ("MOE") and/or the Government o

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