Read the full judgment text of on BabelCite. was delivered on 17 February 1994.
1. The Panel on Takeovers and Mergers was directed by the Securities and Futures Commission to inquire into dealings of shares in Shun Ho Resources Holdings Limited. I shall call them "The Panel", "SFC" and "SHR" respectively. The Panel has made determinations whereby the applicant is, inter alia, required to pay very substantial monetary compensation to the shareholders of SHR as at November 1988. Mr Stephen Edward Clark sat as a member of the Panel. Pursuant to leave granted by Kaplan J., the