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Mimi Wong Kar Gee v Applied Development (0519) and her ex-husband
HK Court of First Instance, 30-Aug-2011
Ms Wong alleges that company funds were used to decorate the home of Mr Hung's alleged mistress and to employ her for a non-job. As a shareholder, she seeks access to company documents to investigate this, in the first case to be brought under s152FA of the Companies Ordinance since it came into force on 15-Jul-2005. The judge's liberal interpretation of this section provides encouragement to future activism, although he highlights a flaw in the law - it does not extend to documents of subsidiaries unless the parent has copies already.
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