12 Mar 2013
DBS BANK (HONG KONG) LTD v. SAN HOT HK INDUSTRIAL CO LTD AND ANOTHER
- Citation
- DBS BANK (HONG KONG) LTD v. SAN HOT HK INDUSTRIAL CO LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2279/2008
On the facts the court found the account opening form, Private Banking Master Agreement, Facility Letter, mortgage/charge and professional investor declarations were incorporated into the banking services agreement; contemporaneous evidence and records rebutted the alleged Wong representations and the defendants made independent, informed decisions; no actionable misrepresentation or s.108 SFO claim established; DBS provided execution‑only services and did not assume advisory fiduciary duties nor breach any professional/tortious duties; guarantee was valid and unbounded as alleged; conclusive…