[2021] SGHC 90

Wei Fengpin v Low Tuck Loong Raymond [2021] SGHC 90
controlled by Wei and Ng, also began supplying Parts to the Company. Hence
the Company’s supply chain now included three companies which Wei had a
substantial interest in, ie, SH, SKL and SKLP (“Wei-related Suppliers”). 7
9 In December 2014, Wei bought Seah’s shares in the Company and was
registered as a shareholder and director in January 2015. 8
The claims and s 216 of the Companies Act
10 Wei claims that the Defendants had acted in a manner oppressive and
unfair to him as they had: (a) denied him dividends; (b) improperly paid
themselves directors’ remuneration; (c) denied him Company information; (d)
failed to call Annual General Meetings (“AGM(s)”), audit accounts and file
annual returns; (e) diverted corporate opportunities from the Company; (f)
caused the Company to enter into related-party transactions to its disadvantage;
(g) removed him from the board of directors; and (h) failed to call board
meetings and excluded him from management. Wei claims that the Defendants
did all these to exclude him from the Company’s affairs and deny him his share
of past earnings and present and future profits. 9
11 The Defendants claim that they were entitled to act as they had done,
and that Wei was not entitled to the dividends or remuneration or information
that he sought, or to remain as a director. They also deny any diversion of
7
Low’s AEIC at [22(b)]–[24]; Sim’s AEIC at [28(b)], [30]–[31].
8
Wei’s AEIC at [45]–[46], [56]–[59].
9
Plaintiff’s Closing Submissions dated 14 December 2020 (“PCS”) at [3], [4], [65]–
[69].
4