Smart Host Ltd v. Acewell Investments Ltd

Read the full judgment text of LDCS 29000/2020 on BabelCite. This LDCS judgment was delivered on 11 July 2022.

1.  Please note the following corrigenda in the Judgment dated 11 July 2022: -

Cites 1 case

Case No.LDCS 29000/2020
Court
LDCS
Date11 Jul 2022
Judge
Case Document
100%Judiciary

LDCS 29000/2020

[2022] HKLdT 27

IN THE LANDS TRIBUNAL OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

LAND COMPULSORY SALE MAIN APPLICATION NO 29000 OF 2020

__________________________

BETWEEN

  SMART HOST LIMITED (順享有限公司) Applicant
  and
  ACEWELL INVESTMENTS LIMITED
(嘉賢投資有限公司)
Respondent

__________________________

Before: Mr Lawrence Pang, Member of the Lands Tribunal

Dates of Hearing: 6 - 8 June 2022

Date of Inspection: 6 June 2022

Date of Closing Submissions: 10 June 2022

Date of Judgment: 11 July 2022

Date of Corrigenda: 20 July 2022

__________________________

C O R R I G E N D U M

__________________________


1.  Please note the following corrigenda in the Judgment dated 11 July 2022: -

2.  In paragraph 27, in the table, “Mr Chan” should replace by “Ms Chow” and “Mr Lee” should replace by “Dr Wong”.

3.  In paragraph 50, the table should replace as:

Comp Ref: Effective Floor Area (m2) Adjustments @$400,000/ m2 EUV as at 21 July 2020
Frontage Quantum/ Size Total
G/F, 23 Sun Chun Street 26.01 0.0% 0.0% 0.0% $10,404,000 $10,400,000
G/F, 24 Sun Chun Street 23.99 -0.1% 1.0% 0.9% $9,682,268 $9,680,000
          Total: $20,080,000

*There is no material difference in depth between the two units.

4.  In paragraph 85 should replace as :

“The total EUV of the Buildings is therefore $10,400,000 + $9,680,000 + $28,860,000 = $48,940,000

and the pro rata shares of respondents’ interest is 19.7793%.”


Dated this 20th day of July 2022

  (Ms YEUNG Fung Yan)
  Clerk to Member Lawrence Pang

Other Judgments in This Case

Further hearings and rulings under LDCS 29000/2020