**********************************************
The following is issued on behalf of the Mandatory Provident Fund Schemes Authority :
The Mandatory Provident Fund Schemes Authority (MPFA) today (October 17) pursued three claims in the Small Claims Tribunal for some $43,000 on behalf of five employees, who were owed MPF contributions by their employers.
At the Tribunal's hearing today, the defendant, CEO Investment Limited, did not dispute the amount claimed. The Adjudicator ordered it to pay the MPFA the sum of $18,538.12, being mandatory contributions in arrears and surcharges payable.
The other two defendants, including Park World Holdings Limited and Au Kam Wah trading as Andy's Florist, did not appear at today's hearing. In their absence, the Adjudicator ordered them to pay the MPFA the sums of $17,729.26 and $6,811.25 respectively, being mandatory contributions in arrears and surcharges payable.
The amounts awarded will be reimbursed to the employees' MPF accounts as soon as they are received by the MPFA. The Tribunal further ordered the respective defendants to pay $221, $155 and $150 as the costs in respect of the claims.
Ends/Wednesday, October 17, 2007
Issued at HKT 17:35
NNNN
