14 Dec 2016
DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Citation
- DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1528/2013
The Majority Shareholders engaged in unfairly prejudicial conduct by breaching the Shareholders' Agreement — notably by blocking Non‑Core land sales that should have led to repayment of shareholder loans and by removing the Managers (including petitioner) without unanimous consent and without compensation — entitling the petitioner to relief under s.168A; the appropriate remedies are an order requiring the Majority Shareholders to buy out the petitioner's shares at a court‑fixed valuation (with assumptions specified) and an order for payment of manager remuneration/bonus as if the petitioner…