Lee Zii Jia takes family dispute over management control to court
BADMINTON professional Lee Zii Jia is seeking a Kuala Lumpur High Court order to limit his father and sister’s control over key financial and management decisions at LZJ Management, as a legal dispute over the company’s governance continues. The inte...
Badminton star Lee Zii Jia has taken his family dispute over management control of his company, LZJ Management, to court. In a legal battle that began on July 2, Zii Jia is seeking an interim injunction from the Kuala Lumpur High Court to limit his father and sister’s control over key financial and corporate decisions. The dispute centers around issues such as directors' fees, company secretaries, asset disposal, and share structure changes.
Zii Jia claims to own 90% of the company, while his sister and brother hold smaller stakes. He is also requesting a court-ordered extraordinary general meeting to discuss the company's management and governance. The respondents have opposed the requested court intervention, and it remains to be seen whether the court will grant the injunction.
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