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China Resources Purchasing Co Ltd v Yue Xiu Enterprises (S) Pte Ltd (Bulsing (Private) Limited, Third Party)
[1995] SGHC 112
Suit 1731/1993
Goh Joon Seng J
25 April 1995
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Judgment:
2 Coram: GOH JOON SENG J
3 JUDGMENT
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8 The claim came up for assessment before the assistant
registrar who awarded the Plaintiff US$110,000 for loss of
profits that the Plaintiff would otherwise have made on its
string contracts for the purchase from the Defendant and the sale
of the same goods being 10,000 metric tons plus-minus 10% of
Deformed Steel Round Bars to Success Honour Development Ltd <
`Success Honour' > . The 10,000 metric tons were to comprise
2,000 metric tons each of 12, 16, 18, 20 and 22 mm diameter. The
assistant registrar in addition also ordered that the Plaintiff's
claim for damages in respect of the potential action by Success
Honour be reserved for assessment if and when the Plaintiff meets
Success Honour's claim.
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10 (i) There was no admissible evidence of a contract between the
Plaintiff and Success Honour. The Plaintiff's contract with
Success Honour called for 10% deposit. The Defendant contended
there was no admissible evidence that the 10% deposit had been
paid without which no contractual obligation arose. That the
evidence of Plaintiff's chief officer, Finance Department, Chen
Jin Ming < `Chen' > that Success Honour had US$800,000 with
the Plaintiff and that the Plaintiff had deducted US$306,000 from
that US$800,000 for the 10% deposit was inadmissible without the
accounts being produced. The Defendant relied on s.67 of the
Evidence Act and Popular Industries Ltd v Eastern Garment
Manufacturing Sdn Bhd (1989) 3 MLJ 360. I reject this argument
because unlike the Popular Industries case Chen's knowledge of
the US$800,000 and the appropriation of $306,000 thereof for the
10% deposit was not derived from the accounts alone. He had
personal knowledge;
11 (ii) Res Judicata.
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20 Dated this 8th day of May 1995.
21 GOH JOON SENG JUDGE
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Julia Loh for the plaintiff
James Ponniah for the defendant
Jason Lim (with Simon Lee) for the third party