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Court rules estate agency director liable for botched NZ deal, to pay $210,000 in property investment losses
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A couple who lost about $210,000 investing in a New Zealand property will recover the sum from the director of a Singapore real estate company after the High Court ruled that he was liable for misrepresentation that led to the loss.
The court's decision reverses that of a district court which earlier this year cleared director Jimmy Sim but held his company Faber Property liable.
