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In the High Court of the Republic of Singapore
[1997] SGHC 112
Suit 4141/1983, 4149/1984
Between
Fook Gee Finance Company Limited
… Plaintiff
And
Liu Cho Chit
… Defendant
grounds of decision

This judgment is subject to final editorial corrections approved by the court and/or redaction pursuant to the publisher’s duty in compliance with the law, for publication in LawNet and/or the Singapore Law Reports.
Fook Gee Finance Company Limited v Liu Cho Chit
[1997] SGHC 112
Suit 4141/1983, 4149/1984
Lai Siu Chiu J
30 April 1997
1 
JUDGMENT:

2 Cur Adv Vult
3 The undisputed facts
4 
5 
6 
7 
8 
9 
10 
11 
12 Special Condition 1
13 
14 Special Condition 4
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 The plaintiff's claim in Suit 4149 of 1984
25 (i) Madam Lim's testimony
26 
27 (ii) Liu's version of events
28 
29 
30 
31 
32 
33 
34 
35 
36 
37 
38 
39 
40 
41 
42 
43 re: Mukim XXVIII Lot 1606
44 
45 
46 
47 
48 
49 
50 
51 
52 
53 
54 
55 
56 
57 
58 
59 Again, on 14 September 1981, Liu wrote to Lee Tat stating as such (AB 167):
60 I write further to my letters to you concerning the above matter.
61 
62 
63 
64 (iii) Yang Soo Suan's testimony
65 
66 
67 
68 
69 
70 
71 
72 The defendants' case
73 
74 
75 
76 
77 
78 Madam Ching Mun Fong's testimony
79 
80 
81 
82 
83 
84 
85 
86 Suit 4141 of 1983
87 (i) The plaintiff's case
88 
89 
90 
91 
92 
93 
94 
95 (ii) The defendant's case
96 
97 (a) US$642,451.04 on 23 April 1981;
98 (b) US$293,555.99 on or before the end of April 1981; and
99 (c) balance of S$1.8m within a reasonable date thereafter.
100 
101 
102 
103 
104 
105 
106 
107 
108 
109 
110 
111 (1) The purchase price is $12 million.
112 ....
113 
114 
115 Re: US$642,451.04 (Loan)
116 
117 
118 
119 ....
120 
121 
122 ....
123 
124 
125 
126 
127 As the matter could not be resolved, Suit 4141 of 1983 was commenced by Tan.
128 The decision
129 (i) Suit 4141 of 1983
130 
131 
132 
133 
134 
135 
136 
137 
138 
139 
140 
141 (ii) Suit 4149 of 1984
142 
143 Fraudulent misrepresentation and mistake
144 
145 
146 Saunders

v Anglia Building SocietyLee Siew Chun v Sourgrapes Packaging Products Trading Pte Ltd

& Ors
[1993] 2 SLR 297).
147 
148 Non-existence of LeeTat at time of the Sub-sale Agreement
149 
150 
151 Whether Madam Lim had a beneficial interest in Lot 1606
152 
153 Having examined the evidence, I came to the conclusion that Liu did not -- this must be so, based on their conduct.
154 
155 
156 Q: Put that your husband was a man who was extremely careful with his money?
157 A: Yes.
158 Q: So he knew the value of a contract?
159 A: Yes he was very careful with contracts.
160 Q: If for one moment he was not handed any money he would never have acknowledged

receipt of the same?
161 A: If money was received, our company would definitely issue a receipt.
162 Q: If your husband did not receive money, he would not have acknowledged receipt?
163 A: Yes.
164 Q: Especially if he had not received money in a written document?
165 A: Explain?
166 Q: (Repeats question)
167 A: Unless it was a blackmail.
168 Q: You testified PW2 [Liu] was untrustworthy. Did he strike you as being a

blackmailer as well?
169 A: 100% yes.
170 Q: Has he ever blackmailed you?
171 A: No.
172 A: Has he ever extorted money from you?
173 Q: No.
174 
175 
176 
177 I note that the court in Suit No 1487 of 1987 (see Peng Ann Realty Pte Ltd v Liu Cho

Chit & Ors
[1994] 3 SLR 576Ching Mun Fong & Anor v Peng Ann Realty

& Anor
[1995] 2 SLR 541
178 
179 
180 Q: All in all I would say you are very pro-active in the management of your

companies in Hong Kong and Singapore.
181 A: I am a very conscientious person in my work.
182 Q: I don't dispute that. That is why it is not possible you did not read any of the

architects' letters or Liu's letters.
183 A: I don't know the answer.
184 Q: Try telling the truth?
185 A: I have never lied.
186 Court to DW1: Your answers are inconsistent.
187 
188 
189 Whether the joint venture had been abandoned
190 
191 
192 
193 an approximate area of 5 acres as shown and edged in red

in the plan annexed
194  Chitty on Contracts 27 ed Vol 1 p 1081 para 22-024).
195 
196 
197 
198 
199 The fourth defendant's case
200 11 September 1973
201 Whether Madam Lim's claim is time-barred
202 
203 
204 
205 
206 
207 
208 
209 
210 (iv) against the fourth defendant Collin Tan.
211 
212 Lai Siu Chiu
213 Judge
Lai Siu Chiu J
Michael Khoo (as counsel) with Josephine Low and Jimmy Yap (Donaldson & Burkinshaw) for the plaintiffs in Suit 4141 of 1983 and for the first, second and third defendants in Suit 4149/1984
Woo Tchi Chu (as counsel) and Harpal Singh (Harpal, Wong & M Seow) for the defendant in Suit 4141/1983 and for the plaintiff in Suit 4149 of 1984
Ajaib Haridass and Thomas Tan (Haridass Ho & Partners) for the fourth defendant in Suit 4149/1984
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This judgment text has undergone conversion so that it is mobile and web-friendly. This may have created formatting or alignment issues. Please refer to the PDF copy for a print-friendly version.

Version No 1: 11 Sep 2026 (01:05 hrs)