Troubled Hong Kong tycoon Pan Sutong sued by Li Ka-shing’s CK Asset for ‘breaching first-refusal agreement’ on luxury residential site in Ho Man Tin

//Troubled Hong Kong tycoon Pan Sutong sued by Li Ka-shing’s CK Asset for ‘breaching first-refusal agreement’ on luxury residential site in Ho Man Tin

Troubled Hong Kong tycoon Pan Sutong sued by Li Ka-shing’s CK Asset for ‘breaching first-refusal agreement’ on luxury residential site in Ho Man Tin

Embattled tycoon Pan Sutong is being sued by CK Asset Holdings for allegedly breaching an agreement granting Hong Kong’s second-largest developer the right of first refusal on a luxury residential site in Ho Man Tin.Cheung Kong Property (Business Development), a unit of CK Asset, filed a writ to the High Court on February 19 against Pan and his privately owned Gold Brilliant Investment Limited claiming they had violated the agreement that was signed on September 1, 2020.The legal dispute came…

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By | 2021-02-22T12:37:42+00:00 February 22nd, 2021|Business|Comments Off on Troubled Hong Kong tycoon Pan Sutong sued by Li Ka-shing’s CK Asset for ‘breaching first-refusal agreement’ on luxury residential site in Ho Man Tin