Read the full judgment text of HCA 000156/2006 on BabelCite. This High Court CFI judgment was delivered on 28 April 2006.
1. Zhu Kuan (Hong Kong) Co Ltd, a Hong Kong incorporated company, and Zhu Kuan Group Co Ltd, a Macau incorporated company, (the Zhu Kuan companies) were both companies owned, controlled and used by the Zhuhai Government of the People’s Republic of China as investment vehicles. In that capacity both incurred substantial debts in Hong Kong, particularly with Bank of China Group Investment Ltd, to whom a sum in excess of HK$800 million was owed. The debts were secured on three properties, one in
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