THE MICRO TELLERS NETWORK LIMITED & 3 Ors v CHENG YI HAN (ZHONG YIHAN) & 4 Ors

[2023] SGHC(I) 13 Singapore International Commercial Court 6 September 2023 SIC/S 5/2020

41 cases cited (34 SG, 7 foreign)

Key facts

Court	Singapore International Commercial Court
Decided	6 September 2023
Judge	Simon Thorley
Charges / claim	Tort, Contract, Equity, Agency

Source: [2023] SGHC(I) 13, Singapore International Commercial Court, decided 6 September 2023 — eLitigation. Updated 10 July 2026.

Catchwords

Tort — Conspiracy Tort — Negligence Contract — Misrepresentation — Fraudulent Equity — Fiduciary relationships — Duties Agency — Third party and principal’s relations Contract — Implied contracts — Implied retainer Equity — Fiduciary relationships — Dishonest assistance

Practice Areas

Tort Contract Equity Agency

Judges (1)

Simon Thorley Delivered

Parties (9)

Providence Asset Management Defendant

The Micro Tellers Network Limited Plaintiff

Cheng Yi Han (Zhong Yihan) Defendant

Lee Moon Young Defendant

Ling Hui Andrew Defendant

Michael Lin Daoji Plaintiff

Rio Lim Yong Chee Plaintiff

Then Feng Defendant

Wong Zhi Kang Clement Plaintiff

Case Significance

The Micro Tellers Network Ltd and others v Cheng Yi Han and others [2023] SGHC(I) 13 is a reserved judgment of Simon Thorley IJ in the Singapore International Commercial Court, delivered on 6 September 2023 in Suit No 5 of 2020. The action, commenced in the High Court on 13 September 2019 and transferred to the SICC on 27 July 2020, was brought by The Micro Tellers Network Limited (a Hong Kong company whose director and shareholder is Charles Cuong Tan-Thatch), Michael Lin Daoji, Rio Lim Yong Chee and Wong Zhi Kang Clement against Cheng Yi Han (Zhong Yihan), Ling Hui Andrew, Providence Asset Management, Then Feng and Lee Moon Young. The dispute arose in the context of cryptocurrency ventures, and the catchwords span conspiracy, negligence, fraudulent misrepresentation, breach of fiduciary duties, dishonest assistance, implied retainer and agency.

What was The Micro Tellers Network Ltd v Cheng Yi Han [2023] SGHC(I) 13 about?

It was a Singapore International Commercial Court action before Simon Thorley IJ, arising from cryptocurrency ventures, in which The Micro Tellers Network Limited and three others sued Cheng Yi Han and four others over conspiracy, fraudulent misrepresentation and breach of fiduciary duties, decided on 6 September 2023.

What legal issues did [2023] SGHC(I) 13 raise?

The catchwords covered the torts of conspiracy and negligence, fraudulent misrepresentation, breach of fiduciary duties, dishonest assistance, implied retainer and agency, in a dispute connected with cryptocurrency projects heard in the Singapore International Commercial Court.

Cases Cited (41)

SG (6)

[2009] SGHC 44 [2019] SGHC 241 [2020] SGHC 42 [2021] SGHC 35 [2022] SGCA 62 [2022] SGHC 131

SLR (28)

[1990] 1 SLR(R) 337 [1992] 3 SLR(R) 940 [1993] 3 SLR(R) 640 [1997] 3 SLR(R) 649 [2000] 3 SLR(R) 686 [2001] 2 SLR(R) 435 [2006] 3 SLR(R) 881 [2006] 4 SLR(R) 308 [2007] 2 SLR(R) 1020 [2007] 2 SLR(R) 869 [2007] 4 SLR(R) 100 [2008] 4 SLR(R) 272 [2009] 2 SLR(R) 737 [2010] 2 SLR 589 [2014] 1 SLR 860 [2014] 3 SLR 761 [2015] 2 SLR 271 [2017] 1 SLR 654 [2018] 1 SLR 894 [2018] 2 SLR 655 [2018] 4 SLR 1053 [2020] 2 SLR 1256 [2020] 3 SLR 943 [2021] 3 SLR 968 [2021] 5 SLR 188 [2021] 5 SLR 328 [2022] 1 SLR 884 [2022] 2 SLR 1250

UK (7)

[1995] 2 AC 378 [1998] Ch 1 [2002] 2 AC 164 [2003] 1 AC 469 [2006] 1 All ER 333 [2006] 1 WLR 1476 [2019] EWCA Civ 614