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CIMB Group, Petronas, Genting Malaysia, Astro, Pertama Digital, SCable, Perak Transit, Favelle Favco, Computer Forms (Malaysia), Microlink Solutions, CTOS Digital, Catcha Digital, Apex Equity, Sapura Energy, Paramount and Omesti

KUALA LUMPUR (Sept 26): Here is a brief recap of some corporate announcements that made news on Monday (Sept 26) involving CIMB Group Holdings Bhd, Petroliam Nasional Bhd (Petronas), Genting Malaysia Bhd, Astro Malaysia Holdings Bhd, Pertama Digital Bhd, Sarawak Cable Bhd (SCable), Perak Transit Bhd, Favelle Favco Bhd, Computer Forms (Malaysia) Bhd, Microlink Solutions Bhd, CTOS Digital Bhd, Catcha Digital Bhd, Apex Equity Holdings Bhd, Sapura Energy Bhd, Paramount Corp Bhd and Omesti Bhd. ....

Kuala Lumpur , Peninsular Malaysia , Malaysia General , Pan Dong , Joseph Nixons Lourdesamy , Bhd Scable , Kampar Putra Sentral , Favelle Favco Bhd , Tenaga Nasional Bhd , Asia Sdn Bhd , Klang Sdn Bhd , Euan Daryl Smith , Omesti Bhd , Favelle Favco , Meru Raya , Sdn Bhd , Joseph Nixon , Petroliam Nasional Bhd Petronas , Genting Skyworlds , Favco Heavy Industry Changshu Co Ltd , Bank Malaysia Bhd , Marr Contracting Pty Ltd , Energy Absolute , Bank Negara Malaysia , Holdings Bhd , R Eal Education Group ,

Federal Court dismisses appeal by Apex Equity Holdings and JF Apex Securities on legal standing of minority shareholders in merger suit


PUTRAJAYA (Feb 26): The Federal Court today dismissed an appeal by Apex Equity Holdings Bhd and its unit JF Apex Securities Bhd, over the locus standi (legal standing) of its minority shareholders on their opposition to the merger with Mercury Securities Sdn Bhd.
This follows Federal Court judge Datuk Vernon Ong Lam Kiat dismissing their appeal for leave to pose several questions of law to the apex court regarding Section 360 of the Capital Markets and Services Act on the powers of court to make certain orders.
The question surrounds the locus standi (legal standing) of the applicants in filing the originating summons. The law on locus standi is settled. I do not think the leave question has passed the threshold for the court to grant leave. ....

Marcus Chan Jau Chwen , Pinerains Sdn Bhd , Datuk Othman Haron , Fiona Bodipolar , Chithra Ganesalingam , Sdn Bhd , Malcolm Fernandez , Lin Kum , Siew Kim , Chan Tshiao Li , Yenson Investments Ltd , Fun Sheung Development Ltd , High Court , Apex Equity Holdings Bhd , Federal Court , Securities Bhd , Mercury Securities Sdn , Datuk Vernon Ong Lam Kiat , Capital Markets , Services Act , Justice Ong , Apex Equity , Mak Lin Kum , Datuk Wong Rhen Yen , Lim Beng Guan , Concrete Parade Sdn Bhd ,