Read the full judgment text of CACV 000007/2003 on BabelCite. This Court of Appeal judgment was delivered on 17 July 2003.
1. This is an appeal from the judgment dated 2 December 2002 of Deputy High Court Judge Carlson dismissing the plaintiff's claim. The short issue of fact before the judge below was whether the defendant had agreed orally to purchase from the plaintiff 3 million shares in i-Wood Limited ("the company") a company which was being listed on the stock exchange of Hong Kong through an Initial Public Offering ("IPO"). The defendant was the sponsor and lead underwriter for that flotation.