Yeung Mei Lee, in Her Capacity As the Joint and Several Receiver and Manager Over Entire Issued Shares of Forever Winner International Development Limited Who Acts Without Personal Liability v. Forever Winner International Development Ltd

HCMP 2181/2020

[2024] HKCFI 2784

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

MISCELLANEOUS PROCEEDINGS NO 2181 OF 2020

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(By Original Summons filed on 25 November 2020 and the Order to
carry on by Master Hui dated 7 June 2024)

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D E C I S I O N

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1.On 16 December 2020 I made orders in these proceedings that:

(1)  The Defendant do forthwith enter into the register of members of the Defendant the transfer of the 1,534,825,952 shares in the Defendant by Shandong Ruyi Technology Group Company Limited to the Plaintiff within 14 days from the date hereof;

(2)  The Defendant do forthwith register the Plaintiff in the register of members of the Defendant as the registered shareholder holding 1,534,825,952 shares in the Defendant since 12 June 2020 within 14 days from the date hereof;

(3)  The Defendant do carry out all consequential orders to the registration of the share transfer as set out in paragraphs 1 and 2 above, including the issue of share certificate(s) of the Defendant to the Plaintiff within 14 days from the date hereof.

2.The Defendant has failed to comply with the order. As a consequence, the Plaintiff in his capacity as one of the joint and several receivers and managers of the entire issued shares of Forever Winner International Development Limited issued a summons for the appointment of Mr Chung Ching Yin to carry out the order of 16 December 2020. I required the present application be listed for a hearing in order to ensure that the Defendant was given the opportunity to respond if it wished. It has not attended court this morning. I will, therefore, make an order in terms of the summons dated 30 July 2024.

Mr Davyd Wong, of YTL LLP, for the Plaintiff (Mr Ho Man Kit)

The Defendant was not represented and did not appear