Zhang Jinxia & Anor v Zhu Yuhua

[2026] SGHC(A) 3 High Court (Appellate Division) 26 January 2026 AD/CA 24/2025 16 min read

5 cases cited (4 SG, 1 foreign)

Outcome

Appeal allowed

we allow the appeal in part, only to the extent of correcting the calculation error, and reducing the interest due under the Second IOU loan by S$2,000 such that amount owed by the Appellants under the Second IOU loan is S$224,000 and not S$226,000. 29 As for costs, we are of the view that the Appellants should bear the costs of the appeal.

Source: [2026] SGHC(A) 3, High Court (Appellate Division), decided 26 January 2026. Read directly from the judgment.

Key facts

Court	High Court (Appellate Division)
Decided	26 January 2026
Judges	Ang Cheng Hock, Debbie Ong Siew Ling, Woo Bih Li
Charges / claim	Damages, Credit and Security
Outcome	Appeal allowed
Sentence / award	$2,000
Counsel	De Souza Lim & Goh LLP, Invictus Law Corporation, Wilberforce TJC Law Corporation, Darren Tan Tho Eng, Goh Kim Thong Andrew, Nathanael Carmello Lopez, Siew Wei Ying Silas, Sim Qian Hui, Teo Sze-Yin Emily

Source: [2026] SGHC(A) 3, High Court (Appellate Division), decided 26 January 2026 — eLitigation. Updated 10 July 2026.

Catchwords

Damages — Liquidated damages or penalty Credit and Security — Money and moneylenders — Loans of money

Practice Areas

Damages Credit and Security

Judges (3)

Ang Cheng Hock Delivered Debbie Ong Siew Ling Coram Woo Bih Li Coram

Counsel (9)

De Souza Lim & Goh LLP Firm Invictus Law Corporation Firm Wilberforce TJC Law Corporation Firm Darren Tan Tho Eng Counsel Respondent Goh Kim Thong Andrew Counsel Appellant Nathanael Carmello Lopez Counsel Appellant Siew Wei Ying Silas Counsel Respondent Sim Qian Hui Counsel Respondent Teo Sze-Yin Emily Counsel Appellant

Parties (3)

Wang Quancheng Appellant Zhang Jinxia Appellant Zhu Yuhua Respondent

Case Significance

[2026] SGHC(A) 3 is a High Court (Appellate Division) decision dated 26 January 2026 concerning Credit and Security and Damages, specifically addressing liquidated damages or penalty and money and moneylenders. The judgment was delivered by Ang Cheng Hock, with Debbie Ong Siew Ling and Woo Bih Li on the coram. The case was brought by Wang Quancheng and others (appellant) against Zhu Yuhua (respondent). Legal representation was provided by De Souza Lim & Goh LLP and Invictus Law Corporation. The judgment cites 5 cases (4 Singapore, 1 foreign).

[2026] SGHC(A) 3 explained

Zhang Jinxia & Anor v Zhu Yuhua ([2026] SGHC(A) 3) is a Singapore judgment decided by the High Court (Appellate Division) on 26 January 2026. It is categorised under Damages and Credit and Security. It is a recent decision; within this corpus no later judgment has cited it yet. 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 [2026] SGHC(A) 3 about?

Zhang Jinxia & Anor v Zhu Yuhua ([2026] SGHC(A) 3) is a High Court (Appellate Division) decision from 2026. Its published catchwords are “Damages — Liquidated damages or penalty” and “Credit and Security — Money and moneylenders — Loans of money”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Summary

The appellants appealed against a judgment requiring them to repay loans under two written agreements, challenging the calculation of overpayment on the first loan and the enforceability of an interest clause in the second loan as a penalty. The Appellate Division allowed the appeal in part, correcting a calculation error and reducing interest by $2,000, but rejected the penalty argument finding the agreed interest clause was not extravagant or unconscionable given the parties' equal bargaining power.

What was decided in [2026] SGHC(A) 3?

[2026] SGHC(A) 3 (Zhang Jinxia & Anor v Zhu Yuhua) is a High Court (Appellate Division) decision from 26 January 2026 addressing Credit and Security and Damages, specifically liquidated damages or penalty and money and moneylenders. The judgment was delivered by Ang Cheng Hock.

Who were the parties in Zhang Jinxia & Anor v Zhu Yuhua ([2026] SGHC(A) 3)?

The appellant in [2026] SGHC(A) 3 was Wang Quancheng, Zhang Jinxia, and the respondent was Zhu Yuhua. Legal representation included Invictus Law Corporation and De Souza Lim & Goh LLP. The case was decided on 26 January 2026 in the High Court (Appellate Division).

Which judge decided [2026] SGHC(A) 3?

[2026] SGHC(A) 3 was delivered by Ang Cheng Hock in the High Court (Appellate Division) on 26 January 2026. Debbie Ong Siew Ling and Woo Bih Li also sat on the coram. The case concerned Credit and Security and Damages.