8 Jul 2015
WONGS INVESTMENT DEVELOPMENT HOLDINGS GROUP LTD (In Liquidation) v. CHINA KINGSTONE MINING HOLDINGS LTD
- Citation
- WONGS INVESTMENT DEVELOPMENT HOLDINGS GROUP LTD (In Liquidation) v. CHINA KINGSTONE MINING HOLDINGS LTD
- Court
- Court of First Instance
- Case number
- HCMP1472/2015
Petitioner failed to adduce sufficient evidence that the directors acted for an improper purpose or that the petitioner could not subscribe for the offer shares; the application was brought too late and would disrupt third party and market expectations; allegations of bad faith and stratagem were not proved to the standard required for interlocutory relief; accordingly the interim injunction was refused and costs ordered against the petitioner.