Read the full judgment text of HCMP 003094/2002 on BabelCite. This High Court CFI judgment was delivered on 20 November 2002.
1. This is a petition to confirm a reduction of the capital of Singapore Hong Kong Properties Investment Limited ("the Company"), pursuant to section 59 of the Companies Ordinance, Cap. 32. On 8 October 2002, I have given directions for advertising the notice of this hearing and dispensing with the settlement of a list of creditors. No creditor has appeared at the hearing. At the conclusion of the hearing, I have made an order confirming the reduction and these are the reasons for my judgment.