17 Jul 2003
YICKO GA NETWORK SECURITIES LTD v. ORIENTAL PATRON ASIA LTD
- Citation
- YICKO GA NETWORK SECURITIES LTD v. ORIENTAL PATRON ASIA LTD
- Court
- Court of Appeal
- Case number
- CACV7/2003
The appeal was dismissed because the appellant failed to prove on the balance of probabilities that an oral agreement existed for the defendant to purchase 3,000,000 shares; the trial judge's credibility findings and assessment of inherent commercial improbabilities (including the defendant's conduct in exercising an overallotment) were cogent and not open to appellate interference.