RE BGA HOLDINGS LTD (FORMERLY KNOWN AS BEIBU GULF OCEAN SHIPPING (GROUP) LTD)

[2025] HKCA 752 Court of Appeal 26 September 2025 • CAMP44/2024 • 39 min read

17 cases cited (0 SG, 17 foreign)

Practice Areas

Bankruptcy Ordinance Companies (Winding Up and Miscellaneous Provisions) Ordinance Companies Ordinance High Court Ordinance

Judges (2)

Ng Coram Poon Coram

Counsel (7)

Au & Associates Firm Norton Rose Fulbright, Hong Kong Firm Abraham Chan Counsel Contributorie Justin Ho Counsel Petitioner Sik Chee Ching Counsel Petitioner Sim Jing En Counsel Contributorie Victor Joffe Counsel Petitioner

Summary

Bright Good Asia Limited and Polyrise Team Limited, minority shareholders in BGA Holdings Ltd (formerly Beibu Gulf Ocean Shipping), renewed their application for leave to appeal against the winding-up order. The case involved contested petitions under the Companies (Winding Up) Ordinance. The Court of Appeal refused leave, finding no reasonable prospect of success.

Statutes Cited

Bankruptcy Ordinance

s 98(2)

Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32)

Companies Ordinance (Cap 622)

High Court Ordinance (Cap 4)

Cases Cited (17)

UK (2)

[1977] 1 Ch 1 [2008] 4 All ER 890

HK (15)

(2003) 6 HKCFAR 222 [1999] 1 HKC 141 [2001] 2 HKLRD 411 [2001] 3 HKLRD 692 [2002] 2 HKLRD 369 [2008] 2 HKLRD 494 [2009] 4 HKLRD 125 [2011] 2 HKLRD 101 [2016] 2 HKLRD 1058 [2018] 3 HKLRD 765 [2018] HKCFI 2371 [2019] HKCA 435 [2021] HKCFI 3433 [2024] HKCFI 51 [2025] HKCA 322

Judgment

Read the full judgment on the official Hong Kong Courts portal.

Read on HKLII

Source: HKLII ([2025] HKCA 752)