Zii Jia seeks injunction against father, sister
This involves the finances and management of LZJ Management, with the shuttler also naming his younger brother and the company as respondents.
Shuttle player Lee Zii Jia has requested an interim injunction in a Malaysian court to restrict his father, sister and brother from making key decisions regarding the finances and governance of LZJ Management, his family's company. The request was submitted on July 2 to the Kuala Lumpur High Court, according to Berita Harian. In addition to Lee Chee Hin, his father and Lee Zii Yii, his sister, Lee Zii Jia also included his younger brother Lee Tao and LZJ Management in the lawsuit.
The shuttler, who holds the 56th position globally, seeks to prevent his father and sister from approving director's fees, allowances, bonuses or other financial benefits for themselves. He also wishes to limit their authority over decisions concerning the appointment and removal of directors, the appointment of the company secretary, the sale of assets, the issuance of new shares, and alterations to the shareholding structure.
Zii Jia claims to own a 90% stake in LZJ Management, while his sister holds 9% and his brother holds 1%. Furthermore, he requests a court order for the company to organize an extraordinary general meeting to discuss the management and governance of the organization.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Zii Jia seeks injunction against father, sister freemalaysiatoday.com