Read the full judgment text of HCA 013724/1997 on BabelCite. This High Court CFI judgment was delivered on 20 January 1999.
1. This action arose out of a real property transaction. By a Provisional Sale and Purchase Agreement dated 15th October 1997 ("the Agreement"), the Plaintiff as vendor agreed to sell the property known as Flat B, G/F, Block 2, Stanford Villa, No.7 Stanley Village Road, Hong Kong with garden and one car park space ("the Property") to the Defendants as purchasers. The contract price was $12,500,000. However, the Defendants failed to the complete the sale of the Property on the agreed completion d