Read the full judgment text of HCA 756/2016 on BabelCite. This High Court CFI judgment was delivered on 25 February 2021.
1. This is the trial of the Plaintiff’s action based on misrepresentation relating to a sale and purchase agreement (the “Sale Share Agreement”) under which the Defendant agreed to sell its entire direct and indirect interest in Brave Win Industries Ltd (“Brave Win”) to the Plaintiff at a consideration of US$3.2 million. The only relief sought by the Plaintiff is damages in the sum of US$700,000 or the Hong Kong dollar equivalent, but not rescission of the Sale Share Agreement which has already