Read the full judgment text of HCA 001813/2003 on BabelCite. This High Court CFI judgment was delivered on 13 October 2008.
1. Under an agreement in Chinese entitled “ 有關合作成立股票公司臨時協議書 ” and dated 18 August 2001 (“the Share Purchase Agreement”), Ms Poon (the Plaintiff) as purchaser paid Mr Kwok (the 1 st Defendant) and his wife Ms Fong (the 2 nd Defendant) as vendors HK$1,500,000 to purchase 1,500,000 shares in Tiffit Securities (Hong Kong) Limited (the 3 rd Defendant) (“Tiffit”). At the time of the agreement, Mr Kwok and Ms Fong were the directors and only shareholders of Tiffit.