Mr Wong said that in 2016, Mr Tin approached him to discuss a business venture involving the purchase and sale of used cars.
Mr Wong said he invested a total of $517,047.27 in the venture by issuing three cheques from Wan Jin in December 2016. He said Mr Tin made several proposals relating to the outstanding sum, including an offer to include Mr Wong’s name in a durian plantation investment, which he rejected. He also tendered name cards with “Millenia Motor” printed on them, along with his name “Andy Wong” and mobile phone number.
The notebooks contain contemporaneous records of cars that were bought and sold, details of the deals, and the profits and losses shared by the men. “Such contemporaneous evidence bears significant weight in ascertaining the existence of an oral agreement,” she noted.