Read the full judgment text of HCMP 000392/2003 on BabelCite. This High Court CFI judgment was delivered on 4 April 2003.
1. I have before me a petition presented by Shougang Concord Century Holdings Limited ("the Company") for an order under section 59 of the Companies Ordinance, Cap. 32, seeking confirmation of a reduction of capital by writing down its share premium account in the sum of HK$149,098,345.19.