Ong Yee Mian v. OCBC Bank (Malaysia) Berhad & RHB Asset Management Sdn Bhd

Ong Yee Mian sued OCBC Bank and RHB Asset Management for a refund of her investment balance in the RHB Pre-IPO & Special Situation Fund 2. The court dismissed her claim, finding that the fund's tenure was validly extended by unit holders, and Ong failed to act on notices regarding the extension. Costs of RM25,000 and RM5,000 were awarded to OCBC and RHB, respectively.

Overview

Case Number

WA-22NCC-573-11/2020

Case Type

Civil - Investment dispute

Court

High Court of Kuala Lumpur, Kuala Lumpur

Coram Judge

Subject Matter

investment disputesunit trusts

Documents