Read the full judgment text of HCMP 002382/2008 on BabelCite. This High Court CFI judgment was delivered on 6 April 2009.
1. I have before me a petition presented on 11 February 2009 by PCCW Limited 電訊盈科有限公司 (“the Company”) seeking sanction of a scheme of arrangement (“the Scheme”) pursuant to section 166 of the Companies Ordinance, Cap. 32, and confirmation of the reduction of its share capital involved in the Scheme pursuant to section 59. Substantial sums are at stake, whichever way the judgment goes. It is the first time the court in Hong Kong considers the practice of splitting shares with the objective of mee
Cited by 2 cases