4 Jun 2013
WU YANG v. DAYUAN INTERNATIONAL DEVELOPMENT LTD AND OTHERS
- Citation
- WU YANG v. DAYUAN INTERNATIONAL DEVELOPMENT LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2143/2011
The court held the applicant satisfied the s152FA requirements: he acted in good faith and demonstrated a proper purpose (to investigate why US$186,000,000 paid to China Sonangol did not result in dividends to the company and its shareholders). The court interpreted "records of the specified corporation" to include documents originally produced by or on behalf of listed subsidiaries that have come to form part of the 1st Respondent's records (possession, part of records, right to obtain). Accordingly the court ordered inspection of specified company records (including such subsidiary-originat…