Read the full judgment text of HCMP 000917/2007 on BabelCite. This High Court CFI judgment was delivered on 5 June 2007.
1. This is the hearing of a petition presented by Henderson Investment Limited (“the Company”) seeking the confirmation by the Court of a proposed reduction of its share premium account in the amount of HK$5 billion, pursuant to section 60 of the Companies Ordinance (Cap. 32). The reduction was resolved on by a special resolution passed at an extraordinary general meeting of the Company held on 14 May 2007. If the reduction is confirmed, the Company intends to use the credit generated thereby