6 May 2021
RE GRAND SECURITIES CO LTD
- Citation
- [2021] HKDC 545
- Court
- District Court
- Case number
- DCMP4203/2020
The applicant holds the Delisted Shares and Remaining Unclaimed Funds as trustee for the residual clients; sections 56 and 62 of the Trustee Ordinance are engaged; the court grants the applicant liberty to deal with the delisted shares (including forfeiture) and allows payment of the remaining unclaimed funds into court after deduction of costs, and discharges the applicant as trustee; costs summarily assessed at HKD 30,870.