Read the full judgment text of HCMP 004045/2002 on BabelCite. This High Court CFI judgment was delivered on 17 December 2002.
1. I have before me a petition seeking the sanction of the court to a scheme of arrangement ("the Scheme") between Kee Wai Investment Co Ltd ("the Company") and its shareholders, under section 166 of the Companies Ordinance, Cap. 32 and the confirmation of the proposed reduction of capital of the Company involved in the Scheme, under sections 59 and 60 of Cap. 32. At the conclusion of the hearing, I made an order giving sanction to the Scheme and confirming the proposed reduction of capital. The