Wintoni was wound up through a winding up order and the Respondent, Mohd Afrizan, was appointed as liquidator.Īlthough Wintoni was wound up, Bursa Malaysia had maintained the listing status of the company. Wintoni Group Berhad (Wintoni) is a public listed company. Summary of the Decision and Significance Grounds of Judgment by: Lau Bee Lan JCA ![]() The Federal Court has granted leave to appeal against this Court of Appeal decision. The case dealt with interesting issues between the interplay of a liquidator’s role under the Companies Act and where the liquidated company is also subject to Bursa Malaysia’s Listing Requirement. The Court of Appeal in Bursa Malaysia Securities Berhad v Mohd Afrizan bin Husain ( grounds of judgment dated 2 July 2021) ruled that once a winding up order was made against a public listed company, Bursa Malaysia must de-list that company from the stock exchange.
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