RICH REGION HOLDINGS LTD (a company incorporated in the British Virgin Islands) v CONCEPT PIONEER LTD (a company incorporated in the British Virgin Islands) AND OTHERS

Read the full judgment text of HCMP 1370/2022 on BabelCite. This High Court CFI judgment was delivered on 21 March 2023.

1. I have two originating summonses before me purportedly issued by the Applicant, which is incorporated in the British Virgin Islands (“ BVI ”). I say purportedly because they have been issued on the Applicant’s behalf by receivers appointed on 9 March 2022 (“ Receivers ”) by the Industrial and Commercial Bank of China (Macau) Ltd. for defaulting on a loan facility secured by way of two share charges executed by the Applicant’s shareholders over their entire shareholding in the Applicant. The A

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