H8 HOLDINGS PTE. LTD. v RIC DORMITORY (SG) PTE. LTD. & 3 Ors

Case Significance

H8 Holdings Pte Ltd v RIC Dormitory (SG) Pte Ltd and others and another suit [2024] SGHC 177 was a decision of the General Division of the High Court delivered by Kristy Tan JC on 10 July 2024, with judgment reserved after a trial spanning numerous dates between November 2023 and May 2024. The judgment determined two suits tried together, with all parties consenting to evidence led in one suit being relied on in the other. HC/S 1006/2021 concerned a shareholder oppression action, while HC/S 27/2022 concerned claims for misrepresentation and unlawful means conspiracy in connection with an acquisition underlying the joint venture that was the subject of S 1006.

According to the judgment, the plaintiff in S 1006 is H8 Holdings Pte Ltd, a private limited company incorporated in Singapore whose shareholders are Thia Tiong Siong ("William"), Teo Ban Lim ("Terrence") and Han Jieling ("Jieling"), with Terrence and Jieling also serving as directors. The defendants across the two suits included RIC Dormitory (SG) Pte Ltd, POP Holdings Pte Ltd, Lee Boon Leng, Leong Poh Choo, Ting Cher Lan and Eer Kin Pring, among others. The catchwords identify the issues as Tort — Misrepresentation — Fraud and deceit and Companies — Oppression — Minority shareholders. The plaintiff was represented by counsel from Silvester Legal LLC, including Mr Walter Ferix Silvester and Mr Siraj Shaik Aziz, while the defendants were represented by counsel including Mr Narayanan Sreenivasan and Mr Sim Chong of Sim Chong LLC and counsel from K&L Gates Straits Law LLC.