Read the full judgment text of HCA 9848/2000 on BabelCite. This High Court CFI judgment.
1. Although this case has taken eight days it only involves a short issue of fact which is whether the defendant agreed to purchase from the plaintiff 3,000,000 shares in a company called i-Wood Limited ("i-Wood") which was being launched as a public company on the stock exchange through an Initial Public Offering ("IPO"). The plaintiff's case is that an agreement was made orally in the course of a telephone conversation on 12 October 2000 between Mr Mike Poon ("Mr Poon") of the plaintiff and Mr