Read the full judgment text of CACV 000125/2007 on BabelCite. This Court of Appeal judgment was delivered on 7 May 2008.
1. The plaintiff’s claim against the defendant arose out of the plaintiff’s purchase of New Kowloon Inland Lot No. 6268 (“the Lot”) in 1998 at a premium of $361 million. The lease was for the term of 50 years commencing from the date of the memorandum of agreement, 6 May 1998. The Lot was offered for sale by tender on 6 February 1998. The plaintiff’s tender was accepted on 24 April 1998.
Cites 3 cases