Read the full judgment text of HCMP 1153/2023 on BabelCite. This High Court CFI judgment was delivered on 24 August 2023.
1. The Applicant (“ President Securities ”) was licensed to carry on types 1, 4, 6 and 9 regulated activities and has ceased business on 31 December 2022. Before cessation of its business, President Securities had between April and November 2022 made efforts (including placing advertisements in newspapers) to contact its clients. Those clients have addresses in Hong Kong, PRC, Taiwan, and Singapore. Despite those efforts, there remains unclaimed cash, securities and bonds held by President Secur
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