Read the full judgment text of HCA 013169/1997 on BabelCite. This High Court CFI judgment was delivered on 22 November 2000.
1. These proceedings arise out of an agreement for sale and purchase of a shop premises in Kwong Wa Street, Kowloon. A provisional agreement having been signed on 30 September 1997 between the plaintiff as purchaser and the defendant as vendor, the formal sale and purchase agreement was signed on 23 October 1997, for sale of the property at a price of $12,300,000.00, the sale to be completed on or before 22 January 1998, and a total deposit was paid of $1,230,000.00. It was on the face of it an