19 May 2010
DRAGON WINGS COMMUNICATIONS LTD AND ANOTHER v. FINTEL GROUP LTD AND ANOTHER
- Citation
- DRAGON WINGS COMMUNICATIONS LTD AND ANOTHER v. FINTEL GROUP LTD AND ANOTHER
- Court
- District Court
- Case number
- DCCJ3251/2008
Where defendants breached by failing to deliver tradable and additional MKAC shares, damages are quantified by reference to market price on the dates of breach (18 September 2006 and 1 June 2007). Applying that rule, the court awarded USD84,721.05 to the 1st Plaintiff and USD50,832.90 to the 2nd Plaintiff, with joint and several liability, interest and costs as ordered.