Read the full judgment text of HCA 008645/1997 on BabelCite. This High Court CFI judgment was delivered on 13 July 1999.
1. The two main players in this case are Mr Poon Hung Cheong Nelson ("Mr Poon") and Mr Ching Chi Wai ("Mr Ching") (the 2nd Defendant). They knew each other when they were studying in an university in Canada in the 1970's. In 1987, they teamed up as partners in business and set up the 1st Defendant. Mr Ching held 75% of its shares while Mr Poon held 25%. They were the two directors of the 1st Defendant.
Cited by 1 case