Read the full judgment text of HCMP 002290/2006 on BabelCite. This High Court CFI judgment was delivered on 23 January 2007.
1. This petition was presented by China National Aviation Company Limited (“the Company”) for sanction of a scheme of arrangement between the Company and its minority shareholders under section 166 of the Companies Ordinance, Cap. 32 and for confirmation of a reduction of its share capital under section 58. The Company is owned as to 68.4% by Air China Limited (“Air China”). Both the Company and Air China are listed companies.