Read the full judgment text of HCMP 002864/1998 on BabelCite. This High Court CFI judgment was delivered on 14 July 1998.
1. There are before me three petitions to confirm reductions of capital. The three companies concerned are Tian An China Investments Company Limited ("Tian An"), Sun Hung Kai & Co. Ltd. ("SHK") and Allied Properties (HK) Ltd. ("Allied"). These companies do not form part of a group but Allied holds 33.17% of SHK and in turn SHK holds 38.65% of Tian An.