CANTON PLUS ENTERPRISE LIMITED v ANAIS DEVELOPMENT SA(Suing on behalf of themselves as shareholders inPROFIT FAR LIMITED (other than Team Sino Limited)and PACIFIC BULK SHIPPING LIMITED )

Read the full judgment text of HCA 227/2017 on BabelCite. This High Court CFI judgment was delivered on 22 July 2022.

1. On 1 February 2021, upon the defendants’ applications by summonses dated 25 and 26 January 2021 (“ Security Discharge Applications ”)  and upon the performance by Mr Lau Wing Yan [1] and/or the corporate entities owned and/or controlled by him of all acts necessary to furnish the plaintiffs with a package of security of a combined value of USD32,829,327.35(“ Security Package ”), I discharged the injunctions, and stayed the disclosure obligations, granted to the plaintiffs upon their ex parte

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