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Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and Another [2007] SGHC 50
Court DecisionSGHC
[2007] SGHC 50
[2007] SGHC 50
General Division of the High Court of Singapore10 Apr 2007Suit 961/2002
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Cited in 9 later decisions. No negative treatment detected.
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“e, which included the evidence of expert witnesses, was so voluminous that the judgment on the assessment of damages (Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and Another [2007] SGHC 50) contained 480 paragraphs. In the present case, no witness from Kith Marine was called to verify PWM’s as”
“ng expert evidence, which inevitably involves undertaking an analysis of a technical and mathematical nature: see eg, Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 at [361] (albeit in the context of assessment of damages). Whereas “strict accounting principles” do not”
“Tractors Pte Ltd [1994] 2 SLR(R) 889 at [14]), that the Thai Baht has appreciated by about 20% between 2002 and 2007 (Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 at [42]), and that there were a few other oil companies operating service stations and offering some meas”
“the price of the Second YKL Offer. For example, Lai Siu Chiu J in the assessment decision for Asia Hotel (reported as Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and Another [2007] SGHC 50) gave 34% to the probability of securing the Grand Pacific Hotel by assessing, weighting, and then adding”
“We note in passing that Mr Lobo relied heavily on the High Court’s decision in Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 (“Starwood Asia (HC Assessment)”). It seems to us that the High Court was not laying down a general approach applicable to all cases involving l”
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“In the same vein, this court in Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 noting that the plaintiff did not call any expert witnesses, and said (at [364] and [366]):”
“nomic or financial facts which can be evidenced by documents in the public domain. As an example, the plaintiff cites Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 (“Asia Hotel”) at [42]. In that case, Lai Siu Chiu J took judicial notice of the fact that the Thai baht”
“s associated companies which Wong disclosed in his curriculum vitae attached to his valuation . As this court said in Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and Another [2007] SGHC 50 at [206] (citing Macro v Thompson No 3 [1997] 2 BCLC 36), it is actual partiality, rather than the appear”
“principle that the court will not receive evidence which the opposing party has not had the opportunity to challenge: Asia Hotel Investments Ltd v Starwood Asia Pacific Management Pte Ltd and another [2007] SGHC 50 (“Asia Hotel”) at [76]. Applying O 38 r 2(1), Mr Gong’s failure to attend trial to be cross-examined mean”
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Case Metadata
Case No: Suit 961/2002
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Court: General Division of the High Court of Singapore
Case Metadata
Decision Date: 2007-04-10
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