Company director fined for breaching MPFS Ordinance
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The following is issued on behalf of the Mandatory Provident Fund Schemes Authority:
A company director was fined $7,000 at the Kwun Tong Magistracy today (January 12), after being convicted of offences under the Mandatory Provident Fund Schemes Ordinance (Cap. 485).
Hui Wai Kwan, director of Joint Well Management Limited was charged under section 7A(8) and section 44 of the ordinance and pleaded guilty to 10 counts of failing to make MPF contributions for an employee within the prescribed time for the contribution periods between February and November 2007. The defendant was fined $700 for each of the summonses, totalling $7,000.
Ends/Monday, January 12, 2009
Issued at HKT 18:38
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