Read the full judgment text of CACV 270/2011 on BabelCite. This Court of Appeal judgment was delivered on 30 October 2012.
1. This is the defendants’ appeal against the judgment of Reyes J on 30 November 2011. The judge held that the plaintiff, Pony HK World Limited (“Pony”), had validly exercised the put option in a share purchase agreement (“SPA”) for the sale by the 1 st defendant, Vand Petroleum-Chemicals (BVI) Company Limited (“Vand”), to Pony of 370 million shares in Hans Energy Company Limited (“Hans”), a company listed on The Stock Exchange of Hong Kong. The 2 nd defendant, Mr David An, was sued as the guara
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