3 May 2024
CHINNEY SHUN CHEONG BUILDING SERVICES ENGINEERING LTD (formerly known as CHINNEY E & M (MAINTENANCE) LTD) v. LO KWAI FAN
- Citation
- [2024] HKCFI 1507
- Court
- Court of First Instance
- Case number
- HCMP629/2023
The court, exercising its jurisdiction under the liberty to apply clause and Order 50 Rule 9A, accepted the valuer's report demonstrating a material fall in market value and, with the defendant's consent, varied the prior sale directions to reduce the minimum sale prices to HK$5,000,000 (secondary market) or HK$6,270,000 (open market).