12 Aug 2022
GOLD FOCUS HOLDINGS LTD v. THE PERSONAL REPRESENTATIVES OF NIEH CHI CHIEH (聶志齊) (ALSO KNOWN AS NEIH CHI CHIEH(聶志齊)) (DECEASED)
- Citation
- [2022] HKLdT 38
- Court
- Lands Tribunal
- Case number
- LDCS14000/2021
Applicant met statutory requirements: owned on average over 90% of undivided shares; tribunal accepted expert EUV and RDV valuations and structural reports establishing redevelopment justified by age and state of repair; applicant took reasonable steps to acquire missing owner's share; order for sale granted and reserve price fixed at HKD 404,250,000.