Read the full judgment text of HCA 2428/2013 on BabelCite. This High Court CFI judgment was delivered on 9 June 2014.
1. On 12 December 2013, the plaintiff (“ SFC ”) obtained a mareva injunction restraining the 1 st defendant (“ Qunxing ”) and its wholly owned subsidiary, the 2 nd defendant (“ Best Known ”), from disposing of their assets up to the value of HK$1,968,000,000. The injunction has since been varied several times. The 3 rd defendant (“ Zhu YG ”) and the 4 th defendant (“ Zhu MQ ”), the former Chairman and Vice Chairman of Qunxing respectively, were joined in April 2014.
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