
**********************************************
The following is issued on behalf of the Mandatory Provident Fund Schemes Authority:
The Mandatory Provident Fund Schemes Authority (MPFA) today (May 14) pursued five claims in the Small Claims Tribunal for about $170,000 on behalf of eight employees, who were owed MPF contributions by their employers.
At the tribunal¡¦s hearing, the five defendants - Asgain Company Limited, Yung Kam Ming trading as Yick Sang Med Co., Yiu Cheong Metal Construction Limited, Club House Communications Limited and Po Kin Tong Limited - did not dispute the amounts claimed. The Adjudicator ordered them to pay the MPFA $38,967.10, $38,377.50, $37,303.75, $31,825.01 and $27,361.93, 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 costs of $230, $230, $160, $180 and $206.
Yiu Cheong Metal Construction Limited previously pleaded guilty at Kwun Tong Magistracy to five counts of failing to make MPF contributions on time and was fined $14,800.
Ends/Wednesday, May 14, 2008
Issued at HKT 17:26
NNNN