FXA INVESTMENT HOLDINGS PTE. LTD. v TAN WEI CHEONG (CHEN WEIZHANG) & 2 Ors

[2025] SGHC 23 High Court (General Division) 12 February 2025 HC/OA 1083/2024 24 min read
13 cases cited Cited by 1 case

Key facts

Court High Court (General Division)
Decided
Judge Audrey Lim
Charges / claim Insolvency Law, Landlord and Tenant
Counsel Allen & Gledhill LLP, PRP Law LLC, Edward Tiong Yung Shu, Joycelyn Lin Shuling, Kheshin Cheong Rui Pin, Pradeep Pillai, Rashpal Singh Sidhu, Tan Yen Jee

Source: [2025] SGHC 23, High Court (General Division), decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (8)

Parties (4)

Case Significance

[2025] SGHC 23 is a High Court (General Division) decision dated 12 February 2025 concerning Insolvency Law and Landlord and Tenant, specifically addressing winding up and creation of tenancy. The judgment was delivered by Audrey Lim. The case was brought by FXA Investment Holdings Pte Ltd (applicant) against Fusionex Pte Ltd (in liquidation) and others (respondent). Legal representation was provided by PRP Law LLC and Allen & Gledhill LLP. The judgment cites 13 cases and references 2 statutory provisions, including the Insolvency and the Restructuring and Dissolution Act. This decision has been cited by 1 subsequent judgment in the dataset.

[2025] SGHC 23 explained

FXA INVESTMENT HOLDINGS PTE. LTD. v TAN WEI CHEONG (CHEN WEIZHANG) & 2 Ors ([2025] SGHC 23) is a Singapore judgment decided by the High Court (General Division) on 12 February 2025. It is categorised under Insolvency Law and Landlord and Tenant. Within this corpus it has since been cited by 1 other reported Singapore judgment, 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 [2025] SGHC 23 about?

FXA INVESTMENT HOLDINGS PTE. LTD. v TAN WEI CHEONG (CHEN WEIZHANG) & 2 Ors ([2025] SGHC 23) is a High Court (General Division) decision from 2025. Its published catchwords are “Insolvency Law — Winding up — Proof of debt — Liquidators rejecting proof of debt — Whether liquidators’ decision should be reversed” and “Landlord and Tenant — Creation of tenancy — Existence and nature of lease — Whether concept of repudiation and acceptance apply to leases — Whether lease was terminated”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2025] SGHC 23 consider?

The judgment refers to Insolvency, Restructuring and Dissolution Act and Restructuring and Dissolution Act. The statutes cited are listed in full on this page, each linking to its primary text.

How influential is [2025] SGHC 23?

Within this corpus, [2025] SGHC 23 has been cited by 1 later reported Singapore judgment. 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

FXA Investment Holdings applied to reverse the liquidators' rejection of its $270,057.40 proof of debt against Fusionex Pte Ltd, claiming amounts owed under a sub-lease arrangement for office premises. The court allowed the application in part, directing the liquidators to accept $110,701.54 for unpaid rent and service charges plus $49,582.19 for a reasonable agency fee incurred in mitigation, while rejecting claims for electricity charges due to insufficient proof.

What was decided in [2025] SGHC 23?

[2025] SGHC 23 (FXA INVESTMENT HOLDINGS PTE. LTD. v TAN WEI CHEONG (CHEN WEIZHANG) & 2 Ors) is a High Court (General Division) decision from 12 February 2025 addressing Insolvency Law and Landlord and Tenant, specifically winding up and creation of tenancy. The judgment was delivered by Audrey Lim.

Who were the parties in FXA INVESTMENT HOLDINGS PTE. LTD. v TAN WEI CHEONG (CHEN WEIZHANG) & 2 Ors ([2025] SGHC 23)?

The applicant in [2025] SGHC 23 was FXA Investment Holdings Pte Ltd, and the respondent was Fusionex Pte Ltd (in liquidation), Lim Loo Khoon. Legal representation included PRP Law LLC and Allen & Gledhill LLP. The case was decided on 12 February 2025 in the High Court (General Division).

Which judge decided [2025] SGHC 23?

[2025] SGHC 23 was delivered by Audrey Lim in the High Court (General Division) on 12 February 2025. The case concerned Insolvency Law and Landlord and Tenant.

What cases and statutes does [2025] SGHC 23 cite?

[2025] SGHC 23 cites 13 prior decisions. It references Insolvency, Restructuring and Dissolution Act. The decision has itself been cited by 1 subsequent judgment.

Statutes Cited

Insolvency, Restructuring and Dissolution Act Cases on this Act →
Restructuring and Dissolution Act Cases on this Act →

Cases Cited (13)

SG (2)
[2005] SGHC 162 [2022] SGHC 108
SLR (11)
[1993] 1 SLR(R) 609 [1996] 1 SLR(R) 352 [1997] 1 SLR(R) 923 [1998] 1 SLR(R) 880 [2009] 1 SLR(R) 844 [2009] 4 SLR(R) 458 [2010] 2 SLR 1154 [2014] 2 SLR 1342 [2015] 1 SLR 997 [2024] 4 SLR 956 [2024] 5 SLR 570

Cited By (1)

Related cases

Other Singapore judgments involving the same parties or counsel.

Referenced in

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2025] SGHC 23)