Read the full judgment text of HCA 010460/1994 on BabelCite. This High Court CFI judgment was delivered on 6 October 1999.
1. On 29 September 1993, Wellcherry Limited ("Wellcherry") signed two sale and purchase agreements whereby it agreed to acquire the Basement and the Lower Ground, Ground, Upper Ground, First and Second Floors of a building in Tsim Sha Tsui East known as Inter-Continental Plaza ("the Property"). The total purchase price was $493 million and completion took place on 28 January 1994.