ANALOGUE HOLDINGS LIMITED 安樂工程集團有限公司
Competition Commission v ATAL Building Services Engineering Ltd & others
HK Competition Tribunal, 11-Jan-2024
HK Competition Tribunal, 11-Jan-2024
Competition Commission v ATAL Building Services Engineering Ltd & others
HK Competition Tribunal, 25-Oct-2023
ATAL and its staff having settled with the Commission, the court orders disclosure to the other defendants "warts and all" of the correspondence that led to the settlement, as it is "relevant to assessing the veracity of any such information - which is currently being deployed by the Commission". The court also rules that the penalty payable by ATAL should be determined after the trial of the other defendants is over (or they have settled). So the HK$150m to which ATAL and the Commission have agreed (assuming the court eventually approves it) will not be paid yet.
HK Competition Tribunal, 25-Oct-2023
ATAL and its staff having settled with the Commission, the court orders disclosure to the other defendants "warts and all" of the correspondence that led to the settlement, as it is "relevant to assessing the veracity of any such information - which is currently being deployed by the Commission". The court also rules that the penalty payable by ATAL should be determined after the trial of the other defendants is over (or they have settled). So the HK$150m to which ATAL and the Commission have agreed (assuming the court eventually approves it) will not be paid yet.
Analogue (1977) makes 2 UK lift-company acquisitions
Company media release, 18-Oct-2023
Terms were not disclosed and the deals were not announced to SEHK, but by far the larger must be Precision Lift Services Ltd. Its accounts at UK Companies House show turnover of GBP12.31m in the year to 30-Sep-2022 and net assets of GBP1.4m. The vendor was Sureserve Group Ltd, which delisted this year in a private equity deal. David Webb holds over 8% of Analogue.
Company media release, 18-Oct-2023
Terms were not disclosed and the deals were not announced to SEHK, but by far the larger must be Precision Lift Services Ltd. Its accounts at UK Companies House show turnover of GBP12.31m in the year to 30-Sep-2022 and net assets of GBP1.4m. The vendor was Sureserve Group Ltd, which delisted this year in a private equity deal. David Webb holds over 8% of Analogue.
Competition Commission commences second set of proceedings concerning
air-conditioning works in Competition Tribunal
HK Competition Commission, 23-May-2023
HK Competition Commission, 23-May-2023
ATAL Building Services admits liability in air-conditioning works cartel cases and accepts cooperation terms including payment of a penalty of HK$150m
HK Competition Commission, 4-Nov-2022
HK Competition Commission, 4-Nov-2022
Competition Commission v ATAL Building Services Engineering Ltd & others
HK Competition Tribunal, 31-Aug-2022
The Commission proposes excluding the human defendants and the directors of the corporate defendants from the "confidentiality ring" for evidence. The court calls this "unsustainable" and remarks that individuals clearly need the information "in order to defend themselves against serious allegations of misconduct" and similarly, "A company makes important decisions about its affairs by resolutions passed by its board; it cannot do so if some directors are deprived of relevant information."
HK Competition Tribunal, 31-Aug-2022
The Commission proposes excluding the human defendants and the directors of the corporate defendants from the "confidentiality ring" for evidence. The court calls this "unsustainable" and remarks that individuals clearly need the information "in order to defend themselves against serious allegations of misconduct" and similarly, "A company makes important decisions about its affairs by resolutions passed by its board; it cannot do so if some directors are deprived of relevant information."
Competition Commission takes air-conditioning works cartel case to Competition Tribunal
HK Competition Commission, 16-Jun-2022
HK Competition Commission, 16-Jun-2022
Kay Kan Lai Kwan v Otto Poon Lok To
HK Court of Final Appeal, 24-Nov-2014
The final order on quantum and costs.
HK Court of Final Appeal, 24-Nov-2014
The final order on quantum and costs.
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