22 Sept 2006
CHEUNG PUI YUEN AND OTHERS v. WORLDCUP INVESTMENTS INC. AND OTHERS
- Citation
- CHEUNG PUI YUEN AND OTHERS v. WORLDCUP INVESTMENTS INC. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1138/2005
The 1996 statutory declarations and accompanying corporate acts were categorical and demonstrated that by January–February 1996 CKH intended to and accepted that he had parted with beneficial ownership in Worldcup, Profit-taking and one Doran share; consequently the shares vested beneficially in Chin Lan Hong and subsequent transfers resulted in Four Pillars holding Worldcup and one Doran share and Megabest holding Profit-taking; assets of those companies are owned by the companies and the asserted debts against the estate are not enforceable.