Read the full judgment text of HCA 010949/1996 on BabelCite. This High Court CFI judgment was delivered on 25 August 1997.
1. These actions related to the sale of a residential property at Hong Lok Yuen. The Vendor (2D) entered a long-term agreement for sale and purchase with the Confirmor (1D). He in turn sold to the Sub- Purchaser (P), but at a loss of $5 million because of the vagaries of the property market at the time he sold.