Boill Healthcare Holdings Ltd, listed on the Main Board since 2013, saw trading in its shares suspended on 25 July 2024 after conflicting announcements about the composition of its Board (§7). The dispute pitted Mr Qiu Dongfang, the original single largest beneficial shareholder, against Mr He Yu, who held Mr Qiu's shares pledged as security for a loan (§7). The Company was given an 18-month remedial period, expiring 24 January 2026, to satisfy eight Resumption Guidance items, but failed to do so. The Listing Committee cancelled the listing under Rule 6.01A(1) on 13 February 2026 (§16), and the Listing Review Committee ("LRC") upheld that decision on 12 May 2026 (§21). The Company then sought leave to apply for judicial review.
Case Digest
Short write-ups of recent Hong Kong judgments.
The dispute concerns a North Point flat purchased by the late Tan Su Chin in 1983. On 8 April 2004, the Deceased executed a Will and a Deed of Gift on the same day at Messrs S K Wong & Lee. The Deed of Gift assigned the Property to himself and the Defendant, Leong Foong Yin, as joint tenants. The Will bequeathed the Deceased's Hong Kong estate in three equal shares to his three sons from his marriage to Madam Nah. After the Deceased died in 2019, his children from Madam Nah (the Plaintiffs) sought to set aside the Deed of Gift for mistake or non est factum, alleging an "Arrangement" under which D would receive only 50% of the beneficial interest. D counterclaimed for possession, the title deeds, keys, and mesne profits.
The petitioner wife ("W") and respondent husband ("H") married for over 25 years, had divorce proceedings commenced in 2013, and obtained decree nisi in 2015. At the first financial dispute resolution ("FDR") hearing on 15 March 2017 before Principal Family Judge Bruno Chan, the parties negotiated a memorandum of settlement ("Memorandum"). The 1st FDR Judge adjourned the hearing at 4:32 pm and urged the parties to settle "within this building" before leaving. The parties signed the Memorandum later that afternoon inside the court building (§4). Five days later, W repudiated it on the ground that it made insufficient provision for the children (§5).
The Court of Appeal (Chow and Yeung JJA) has dismissed Mr Lok Ho Ting's renewed application for a stay of execution pending his appeal against an order refusing to set aside a statutory demand dated 9 November 2023.