KERRYFORD HOLDINGS LTD AND OTHERS V. PROFIT VALLEY LTD AND OTHERS
14 cases cited
(0 SG, 14 foreign)
Practice Areas
Judges (2)
Counsel (26)
C. C. Lee & Co Firm Deacons Firm Edmund W.H. Chow & Co Firm Grandall Zimmern Law Firm Firm Howse Williams Firm John Ho & Tsui Firm King & Co Firm Patrick Mak & Tse Firm Stevenson, Wong & Co Firm Tong & Tsoi Firm Adrian But Counsel Applicant Anna Chow Counsel Respondent Billy Poon Counsel Respondent Catherine Hau Counsel Respondent Charlie Liu Counsel Respondent Cherish Ng Counsel Respondent Chris Wong Counsel Respondent Desmond Leung Counsel Respondent Grace Tam Counsel Respondent Jenkin Suen Counsel Respondent Kenny Kwok Counsel Respondent Kurt Ng Counsel Respondent Mok Yeuk-Chi Counsel Applicant Nancy Ngai Counsel Respondent Ross Yuen Counsel Respondent Vincent Lam Counsel Respondent
Parties (70)
Beam Inc Limited Applicant Best Joy Industrial Limited Applicant Best Partners Investment Development Limited Applicant Celestial Star Investment Limited Respondent Chan Yip SHAMalias: Chan Man Yuk Respondent Cheerful Investment Development Limited Respondent Cheung Hon Chu Respondent Cheung Kee Mee Heung Yuen Group Limited Respondent Circle Property Development Limited Respondent Cmb Wing Lunk Bank Limited Respondent Connaught International (Hk) Limited Applicant Corporate King Limited Applicant Eternal Cosmos International Limited Respondent Express Wealth Hong Kong Investment Limited Applicant Fruitful Luck Investment Development Limited Applicant Full Shine Inc Limited Applicant Global China Investment Limited Applicant Grand Power International Limited Applicant Jill Huirong Leung as the Trustee of the Leung Family Trust Respondent Kerryford Holdings Limited Applicant Koo Kam Fu Respondent Kwan Hing Wah alias: Kwan Heng Hoa Respondent Kwan Hon Keung alias: Kwan Han Kiong Respondent Kwong Ping Kuen, guardian ad litem of Kwong Wai Piu Respondent Lam Sai Wing Respondent Li Chiu Tai alias: Lie Tjioe Thay Respondent Magical Year Limited Applicant Maple Harvest Holdings Limited Applicant Million Rich Star Limited Applicant Primerich International Limited Applicant Profit Valley Limited Respondent Record Master Limited Applicant Rise Wealth Enterprise Limited Respondent Secretary for Justice Respondent The Incorporated Owners of Happy Mansion Respondent The Registrar of Companies Respondent Time Pilot Limited Applicant Tjong Fon FAT(otherwise known as Rustam Sofian) Respondent Top Active Limited Respondent Top Grade Inc Limited Applicant Top Honor International Trading Limited Applicant Twin Win Development Limited Respondent Wilson Development Company Limited Respondent Winrise Corporation Limited Respondent Yan Yan Motors Limited Respondent Chan Fai Yuen Respondent Chan Wai Yee Respondent Cheng Kam Ngor Respondent Ching Wing Yee Winnie Respondent Chu Wai Choi Robert Respondent Chu Wai Lun Tony Respondent Chu Wai Ming Calvin Respondent Eugene Chin Respondent Hom She Hen Respondent Ip Kwong Leung Respondent John Tsee Chung Chin Respondent Kwok Heung Kum Respondent Lai Chi Choi Philip Respondent Lai Wai Ying Margaret Respondent Lai Wei Sum Nora Respondent Lee Yee Hung Respondent Lee Yeuk Sze Respondent Li Kit Sheung Respondent Lim Sze Sing Respondent Mak Kin Wah Ken Respondent Mak Sau Kuen Amy Respondent Tsui Kar Yin, Amy Respondent Wan Hing Respondent Wong Shui Kiu Respondent Wong Wing Chiu Respondent
Summary
Multiple applicants sought a compulsory sale order for a building at 92-94 Apliu Street, Sham Shui Po, under the Land (Compulsory Sale for Redevelopment) Ordinance. The case involved determination of the reserve price based on competing expert valuations and consideration of the statutory criteria for granting such orders. The court determined the reserve price based on the existing use value and redevelopment value of the lots.
Statutes Cited
Buildings Ordinance (Cap 123)
Lands Resumption Ordinance
s 10(2)(a)
Cases Cited (14)
UK (6)
[1903] AC 426 [2009] 1 WLR 1797 [2009] UKHL 44 [2015] 1 WLR 4817 [2017] UKSC 14 [2023] UKSC 30
HK (8)
(2005) 8 HKCFAR 578 [2003] 2 HKC 528 [2008] 4 HKC 421 [2010] 4 HKLRD 1 [2011] 2 HKLRD 409 [2016] 1 HKLRD 1 [2021] 5 HKC 214 [2023] 2 HKLRD 531
Judgment
Read the full judgment on the official Hong Kong Courts portal.
Read on HKLIISource: HKLII ([2025] HKLdT 46)