Read the full judgment text of HCMP 001452/2008 on BabelCite. This High Court CFI judgment was delivered on 14 October 2008.
1. This is a petition presented on 18 September 2008 by China Netcom Group Corporation (Hong Kong) Limited (“the Company”) seeking (1) sanction of a scheme of arrangement dated 15 August 2008 (“the Scheme”) between the Company and holders of ordinary shares of US$0.04 each in the capital of the Company, pursuant to section 166 of the Companies Ordinance, Cap. 32; and (2) confirmation of the proposed reduction of its share capital involved in the Scheme. The purpose of the Scheme is to effect a
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