Compass Consulting Pte Ltd v Lim Siau Hing @ Lim Kim Hoe & Anor
Key facts
| Court | High Court (General Division) |
|---|---|
| Decided | |
| Judge | Goh Yihan |
| Charges / claim | Contract |
| Counsel | Paul Ong Chambers LLC, Rajah & Tann Singapore LLP, Benedict Tedjopranoto, Cheng Wai Yuen Mark, Ong Min-Tse Paul, Tan Tian Hui |
Source: [2023] SGHC 17, High Court (General Division), decided — eLitigation. Updated .
Catchwords
Practice Areas
Judges (1)
Counsel (6)
Case Significance
Compass Consulting Pte Ltd v Lim Siau Hing (alias Lim Kim Hoe) and another [2023] SGHC 17 is a General Division of the High Court judgment delivered by Goh Yihan JC on 20 January 2023 in Suit No 433 of 2021. The plaintiff, Compass Consulting Pte Ltd, claimed $500,000 worth of company shares (the "Bonus Shares") and $480,000 in moneys (the "Cash Fee") against Mr Lim Siau Hing @ Lim Kim Hoe and Mr Lim Vhe Kai ("Damien"), based on its alleged completion of an agreement to aid in a reverse take-over (RTO) of a company. The judge allowed the plaintiff's claim in part for a sum of $500,000, holding that Compass had proved the existence and validity of the underlying agreement, which was not tainted by illegality, but that under that agreement Compass was only entitled to $500,000. The catchwords concern rules of construction and statutory illegality.
[2023] SGHC 17 explained
Compass Consulting Pte Ltd v Lim Siau Hing @ Lim Kim Hoe & Anor ([2023] SGHC 17) is a Singapore judgment decided by the High Court (General Division) on 20 January 2023. It is categorised under Contract. Within this corpus it has since been cited by 3 other reported Singapore judgments, a measure of how often later decisions have referred to it. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.
What is [2023] SGHC 17 about?
Compass Consulting Pte Ltd v Lim Siau Hing @ Lim Kim Hoe & Anor ([2023] SGHC 17) is a High Court (General Division) decision from 2023. Its published catchwords are “Contract — Contractual terms — Rules of construction” and “Contract — Illegality and public policy — Statutory illegality”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.
Which legislation does [2023] SGHC 17 consider?
The judgment refers to Civil Law Act (Cap 43), Compass nor its representatives have capital markets services licences under the Securities and Futures Act (Cap 289), Contracts (Rights of Third Parties) Act (Cap 53B), and Interpretation Act (Cap 1). The statutes cited are listed in full on this page, each linking to its primary text.
How influential is [2023] SGHC 17?
Within this corpus, [2023] SGHC 17 has been cited by 3 later reported Singapore judgments. That count reflects references from other decisions held in this corpus only and is a conservative lower bound on how often the case has actually been cited.
Summary
Compass Consulting Pte Ltd claimed $500,000 in bonus shares and $480,000 in cash fees from Lim Siau Hing and Lim Vhe Kai for its alleged completion of an agreement to assist in a reverse take-over of a company. The dispute concerned the construction of the agreement and whether it was tainted by statutory illegality under the Securities and Futures Act. The High Court allowed the claim in part, awarding $500,000 in damages for the bonus shares and finding the agreement valid and not illegal.
What was the outcome in Compass Consulting Pte Ltd v Lim Siau Hing ([2023] SGHC 17)?
Goh Yihan JC allowed the plaintiff's claim in part for $500,000, finding that Compass Consulting Pte Ltd had proved a valid underlying agreement not tainted by illegality, but that under that agreement Compass was only entitled to $500,000 rather than the additional $480,000 Cash Fee claimed.
What did Compass Consulting claim in Suit No 433 of 2021 ([2023] SGHC 17)?
Compass Consulting Pte Ltd claimed $500,000 worth of company shares (the "Bonus Shares") and $480,000 in moneys (the "Cash Fee") from Lim Siau Hing @ Lim Kim Hoe and Lim Vhe Kai, based on its alleged completion of an agreement to assist a reverse take-over.
Statutes Cited
Cases Cited (23)
Related cases
Other Singapore judgments involving the same parties or counsel.
Referenced in
Statutes interpreted in this judgment
Legal concepts & references
Judgment
Read the full judgment on the official Singapore Courts portal.
Read on eLitigationSource: eLitigation ([2023] SGHC 17)