Fallen 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 A unit of Hong Kong’s second-biggest developer filed a writ to the High Court against Pan and his Gold Brilliant Investment for allegedly violating an agreement signed in September The dispute comes after property group Great Eagle announced it had entered into a tentative agreement to receive the development rights allegedly promised to CK Asset