Read the full judgment text of CACV 56/2017 on BabelCite. This Court of Appeal judgment was delivered on 8 September 2017.
1. The plaintiff in these proceedings, Madam Zhang Heng (“Zhang”), sought leave to bring a derivative action in the name of the 1 st defendant, Kingstone International Wealth Management Limited (“Kingstone Wealth” or “the Company”) against the 2 nd , 3 rd and 4 th defendants, Madam Shum Shan Mui (“Shum”), Poon Kwok Tung Alex (“Poon”) and Kingstone International Advisors Limited (“Kingstone Advisors”) respectively, pursuant to sections 732 and 733 of the Companies Ordinance, Cap 622. In his judgm
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