Read the full judgment text of CACV 000083/1992 on BabelCite. This Court of Appeal judgment was delivered on 30 October 1992.
1. On the identical terms of three deeds, each dated 1 January 1990, Celestial Shun Tok Limited ("the plaintiffs") agreed with Dialbright Co Ltd ("the first defendant"), who provided the monies, to stand possessed of sums of US$78,083.69 in trust for Victor Wai-man Tsui ("the second defendant"), Quan Vinh Can (" the third defendant") and Cora Yan Yuet Sau ("the fourth defendant") respectively. The beneficiaries, being the second, third and fourth defendants, were the valued employees of the gran