Loretta Fong
Sep 09, 2009
The former chief executive of the Easyknit Group, Matthew Koon Wing-yee, and three others threatened a businessman and demanded that he give them 100 million shares in his company after losing money trading the shares, the Court of First Instance heard yesterday.
The allegation was made by a lawyer for the businessman as part of civil proceedings in which the man, known only as X because of an order in another court preventing the publication of his name, is claiming HK$135 million from the four.
Daniel Fung Wah-kin SC read a statement from X in response to an application by Koon, Ng Chi-keung, Chan Kwai-nam and Wong Chin-yick to lift an interim injunction granted earlier that froze the HK$135 million X is seeking - equivalent to the value of the shares."
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