Read the full judgment text of HCCW 23/2021 on BabelCite. This High Court CFI judgment was delivered on 21 June 2023.
1. This is an ex parte application by the Liquidators of the Company for the Court’s sanction of an alleged compromise said to have been reached with Southern Height Enterprises Ltd (“ Southern ”) and TSK Enterprises Ltd (“ TSK ”) and to accept the offer of Southern and TSK to purchase the Company’s 1/3 share (held indirectly by the Company) of 24/F, Fortis Tower, 77-79 Gloucester Road, Wanchai, Hong Kong (“ Property ”) at the price of HK$25,000,000.
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