Read the full judgment text of HCB 016256/2002 on BabelCite. This HCB judgment was delivered on 2 April 2004.
1. This is a bankruptcy petition presented by the petitioning creditor (the "Petitioner") based on eight deeds of guarantee given by the Debtor to secure the repayment of eight loans, totalling $7,080,289.03 advanced by the petitioning creditor to Luen Cheong Tai International Holdings Limited ("LCTH"), a company listed in the Hong Kong Stock Exchange Limited. The Petitioner was the principal contractor of a construction project for Po Leung Kuk which it sub-contracted (the "PLK Sub-contract") o