COUNSEL & SOLICITOR:
For the plaintiff – Lim Kian Leong, (Cheah Kit Yee, Lui Kar Yee with him); M/s Lim Kian Leong & Co
HIGH COURT
SECURITIES: General mandatory offer – Control of more than 33{ea522eb49183a839418867043b740453be090fcd3d73faedf82b9b22b788b398} of shares in company – Defendants acquiring more than 33{ea522eb49183a839418867043b740453be090fcd3d73faedf82b9b22b788b398} shares in company but failing to carry out mandatory general offer – Whether minority shareholder of company could compel defendants to make mandatory take-over offer to all shareholders – Failure to lodge complaint with Securities Commission – Whether shareholders possess cause of action – Whether only Securities Commission entitled to secure compliance of provisions of Take-over Code and Securities Commission Act 1993 – Securities Commission Act 1993, ss. 33(2), 33A(4), (5); 33D(1)(a) to (g), (2), (3)