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in the court of appeal malaysia (appellate jurisdiction)

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(3) Us<strong>in</strong>g Company’s staff to look after Lawas store <strong>of</strong> 2 nd Respondent<br />

The respondents admitted that a member <strong>of</strong> <strong>the</strong> 1 st respondent’s staff<br />

(an accounts clerk) was used to look after <strong>the</strong> Lawas store and he was paid<br />

by <strong>the</strong> 1 st respondent. The Manag<strong>in</strong>g Director (DW2) admitted dur<strong>in</strong>g <strong>the</strong><br />

Board’s meet<strong>in</strong>g and at <strong>the</strong> trial that it was wrong to do so and had stopped<br />

this. She had <strong>in</strong>structed <strong>the</strong> Lawas store to make restitution <strong>of</strong> <strong>the</strong> salaries<br />

paid to that member <strong>of</strong> <strong>the</strong> staff.<br />

S<strong>in</strong>ce this issue was raised dur<strong>in</strong>g <strong>the</strong> Board’s meet<strong>in</strong>g and dur<strong>in</strong>g <strong>the</strong><br />

trial where DW2 admitted it was wrong and she had stopped <strong>the</strong> practice and<br />

requested for restitution from <strong>the</strong> Lawas store, we are <strong>of</strong> <strong>the</strong> op<strong>in</strong>ion this<br />

does not amount to oppression.<br />

(4) Whe<strong>the</strong>r <strong>the</strong> learned judge was right <strong>in</strong> mak<strong>in</strong>g <strong>the</strong> order that<br />

<strong>the</strong> majority shareholder (<strong>the</strong> 2 nd respondent) has to sell its<br />

shares to <strong>the</strong> m<strong>in</strong>ority shareholder (<strong>the</strong> petitioner)<br />

The learned judge after f<strong>in</strong>d<strong>in</strong>g that <strong>the</strong> 2 nd and 3 rd respondents had<br />

oppressed <strong>the</strong> petitioner made <strong>the</strong> order that <strong>the</strong> 2 nd respondent to sell all its<br />

70% sharehold<strong>in</strong>g <strong>in</strong> <strong>the</strong> Company to <strong>the</strong> petitioner. There is no dispute that<br />

<strong>in</strong> <strong>the</strong> present <strong>appeal</strong> <strong>the</strong> 2 nd respondent is <strong>the</strong> majority shareholder hold<strong>in</strong>g<br />

70% <strong>of</strong> <strong>the</strong> Company paid-up capital while <strong>the</strong> petitioner is <strong>the</strong> m<strong>in</strong>ority<br />

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