Read the full judgment text of HCCW 329/1998 on BabelCite. This High Court CFI judgment was delivered on 3 July 1998.
1. This is an ex parte application by the Provisional Liquidators under section 182 of the Companies Ordinance that they may be permitted to accept the offer of Phoenix Telecommunications Limited ("Phoenix"), the terms of which are contained in a document attached to the summons issued herein, to purchase by way of private treaty the interest of Sinoamerican Telecom Inc. ("the Company") in all the shares of and its loans to its subsidiaries Remoco (HK) Limited ("RHKL") and Goldremart (Holdings)