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The following is issued on behalf of the Mandatory Provident Fund Schemes Authority:
The Mandatory Provident Fund Schemes Authority (MPFA) today (February 18) pursued one claim in the Small Claims Tribunal for some $37,000 on behalf of three employees who were owed MPF contributions by their employers.
At the tribunal's hearing today, the defendant, Taiyo Crystal Manufactory Company, did not dispute the amount claimed. The adjudicator ordered it to pay the MPFA the sum of $37,285.48, being mandatory contributions in arrears and surcharges payable.
The amount awarded will be reimbursed to the employees' MPF accounts as soon as it is received by the MPFA. The adjudicator further ordered the defendant to pay $272 as the costs in respect of the claim.
Ends/Wednesday, February 18, 2009
Issued at HKT 17:56
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