Read the full judgment text of HCCL 13/2011 on BabelCite. This HCCL judgment was delivered on 14 May 2024.
1. This is the judgment on the trial of assessment of damages in this action which was first commenced in 2008. The dispute concerns an Agreement made between the Plaintiff and the 1 st and 2 nd Defendants dated 4 July 2003 (“ Agreement ”), under which the Plaintiff had agreed to purchase and the 1 st and 2 nd Defendants agreed to sell their shareholding in the 4 th Defendant (“ Shares ”), in order for the Plaintiff to obtain the right to develop Lot 22 in Xiamen (“ Land ”) which was held in the
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