GOLD NOVEL LIMITED 金穎有限公司
Silver Starlight Ltd v China CITIC Bank & others
HK Court of Appeal, 25-Aug-2021
Mr Pan Sutong's wholly-owned company fails to prevent the banks from presenting a winding-up petition. They are pursuing a combined HK$12bn debt granted to privatise Goldin Properties Holdings Ltd (ex-0283) in 2017. The loans are also personally guaranteed by Mr Pan.
HK Court of Appeal, 25-Aug-2021
Mr Pan Sutong's wholly-owned company fails to prevent the banks from presenting a winding-up petition. They are pursuing a combined HK$12bn debt granted to privatise Goldin Properties Holdings Ltd (ex-0283) in 2017. The loans are also personally guaranteed by Mr Pan.
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