Read the full judgment text of HCA 678/2021 on BabelCite. This High Court CFI judgment was delivered on 22 November 2021.
1. This application concerns the sale and transfer (the “ Sale ” or “ Disposal ”) in April 2021 of 652,680,000 shares (the “ Subject Shares ”) in Steer Holdings Limited (Stock Code 1826) (the “ Listco ”) by the 1 st defendant (“ D1 ”) to the 2 nd defendant (“ D2 ”, of which the 3 rd defendant (“ D3 ”) has been the sole shareholder and a director”), and raises the issues as to whether the Sale was, as averred by the plaintiff (“ P ”), effected wrongfully, so that D2 should be restrained fro
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