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Hong Kong court orders winding up of Jimmy Lai’s Next Digital media group, parent company of Apple Daily

  • High Court makes order after government petitioned to close the 40-year-old company on public interest grounds
  • No objection to the order from Next Digital, parent company of the now-defunct Apple Daily newspaper

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Next Digital is now subject to a High Court winding up order. Photo: Dickson Lee
A Hong Kong court has ordered the winding up of Next Digital, a media group founded by jailed tycoon Jimmy Lai Chee-ying, following a government petition.
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Master Jack Wong Kin-tong of the High Court made the order on Wednesday against the parent company of the now-defunct Apple Daily newspaper, with Kenny Tam King-ching and Man King-shing of Kenny Tam & Co staying on as provisional liquidators.

Financial Secretary Paul Chan Mo-po had petitioned to bring the 40-year-old firm to an end on the grounds of public interest in September and secured the appointment of two provisional liquidators to safeguard company assets the following month.

But the appointed liquidators, Sammy Koo Chi-sum and Clifford Tsui Chi-chiu of Ernst & Young Transactions, subsequently resigned, prompting the new appointments of Tam and Man last month.

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