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Hong Kong

Two more Fok children in battle for stake in project

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Benjamin Fok Chun-yue leaves High Court after the case on late Henry Fok's estates. Photo: David Wong
Eddie Lee

Two more of late tycoon and philanthropist Henry Fok Ying-tung’s 13 children are trying to claim a share of a property project developed under their father.

Patricia Fok Lai-ping and Nora Fok Lai-lor filed separate writs at the High Court on Friday asking the court to declare that the sisters had a right to acquire a stake in the project in Nansha, Guangzhou.

Benjamin Fok Chun-yue, another sibling, filed a petition to seek to assert his rights in the development about two weeks ago.

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The project is valued at about 30 billion yuan, or HK$38 billion.

The Fok heirs are challenging a settlement reached in 2012.

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Benjamin Fok and the sisters, children of Fok by his first wife, argued that offspring from their father’s first family were inappropriately excluded from an option to acquire a share of the project.

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