Hong Kong film actor and director Louis Koo Tin-lok’s production company has defended against allegations that it owes HK$149 million (US$19 million) in outstanding debts to an offshore firm, saying the claim was incomplete and violated confidentiality principles. In a statement published on social media on Friday, One Cool Film Production said the civil lawsuit…
Hong Kong film actor and director Louis Koo Tin-lok and his production company have been sued for more than HK$149 million (US$19 million) for allegedly failing to repay a loan from an offshore firm seven years ago. The latest lawsuit compounded the legal troubles of the 55-year-old artist, who was sued by a business partner…
A Hong Kong court has ordered the freezing of properties and assets worth more than HK$9 billion (US$1.15 billion) held by detained Chinese-born Cambodian businessman Chen Zhi and his associated companies and individuals, the South China Morning Post has learned. A source told the SCMP on Thursday that the High Court had ordered a restriction…
A company bearing the same name as Blackpink member Jisoo’s label has bought two homes in one of Hong Kong’s most exclusive enclaves for about HK$447.2 million (US$57.2 million), according to government filings. Two units on Happy Valley’s Blue Pool Road were acquired by an entity called Blissoo Limited in a deal registered on Tuesday,…
A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city’s battered real estate market. The office space, located in Tower 1…