Read the full judgment text of CACV 373/2023 on BabelCite. This Court of Appeal judgment was delivered on 29 May 2026.
1. This appeal is brought by Mr Chu Kong (“ Chu ”) against the decision of Au-Yeung J on 20 October 2023 (“ Decision ”) [1] . By the Decision, the judge struck out this double derivative action (HCA 1885/2021) which Chu purported to bring on behalf of the 5 th defendant, Ocean Sino Limited (“ OSL ”) and the 6 th defendant, PBM Asset Management Limited (“ PBM ”). OSL is the parent company of PBM and both are in liquidation. Chu brought this action against the 1 st defendant Mr Lau Wing Yan (“ Lau
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