19 Jul 2013
RE YU ON SECURITIES CO LTD
- Citation
- RE YU ON SECURITIES CO LTD
- Court
- Court of First Instance
- Case number
- HCMP1296/2013
The applicant was a trustee of the client cash and securities; having made reasonable and repeated efforts to notify and locate clients, the court granted the applicant's application under ss.56 and 62 Trustee Ordinance to pay unclaimed property into court, authorized withdrawal of specified Singaporean shares in the name of the Registrar for deposit, deemed the applicant to have complied with Order 92 subject to advertisement and letters, and authorised the applicant to deal with/delimit and discharge obligations in respect of delisted securities.