Read the full judgment text of HCMP 006890/1999 on BabelCite. This High Court CFI judgment was delivered on 22 September 2001.
1. The plaintiff purchaser (" the purchaser ") brings this action against the defendant vendor (" the vendor ") alleging that the vendor breached a sale and purchase agreement dated 25 May 1999 (" the agreement ") and it claims the return of the deposit ($3,195,000) paid to the vendor earlier pursuant to the agreement. The property to be sold under the agreement was a shop on the ground floor of Po Foo Building, Percival Street, Causeway Bay, Hong Kong (" the suit property ").