Read the full judgment text of HCMP 968/2021 on BabelCite. This High Court CFI judgment was delivered on 23 September 2021.
1. At the hearing of the petition presented by Chong Hing Bank Limited (“ Company ”), I sanctioned the scheme of arrangement dated 30 July 2021 between the Company and all the “Scheme Shareholders” (as defined in §8 below) (“ Scheme ”) pursuant to ss.673 and 674 of the Companies Ordinance (Cap. 622) (“ Ordinance ”) and confirmed the reduction of capital in connection with the Scheme pursuant to s.229 of the Ordinance. These are the reasons for my judgment.
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