Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong
Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong

Explainer |
From Peregrine to Next Digital: Hong Kong invokes rarely-used powers in company law

  • The government can only appoint a special inspector under the Companies Ordinance when public interest is at stake
  • The biggest of all cases involved the Allied Group in 1992 that cost taxpayers HK$46 million after a 12-year legal battle

Topic |   Banking & finance
Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong
Police officers watch over a search operation outside Next Digital’s head office in Tseung Kwan O, Hong Kong. Photo: Winson Wong
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