Read the full judgment text of HCMP 000745/1987 on BabelCite. This High Court CFI judgment was delivered on 3 April 1987.
1. In exercise of its powers as a mortgagee, Standard Chartered Asia Ltd. ("Standard Chartered") is selling off flats and carparking spaces in the building known as No. 3, Stubbs Road (formerly known as No. 2, Shiu Fai Terrace). On the 3rd April 1987, Standard Chartered entered into a written sale and purchase agreement with Mr Chan Pak Ho ("Mr Chan") to sell him apartment "8A".on the 8th Floor together with two carparking spaces at the price of HK$2,550,000. 10% of the purchase price was paid a