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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 (August 17) pursued five claims in the Small Claims Tribunal for some $75,000 on behalf of 28 employees, who were owed MPF contributions by their employers.
The five defendants, Precise Management Ltd, Wah Tai Farm Company Limited, Sharp Idea Group Limited trading as Mrs. Chan Singapore Malaysia Home Made Food, Alliance Wealth Financial Consultants Limited and Dickson Construction (Housing) Ltd, did not appear. In their absence, the Adjudicator ordered them to pay the MPFA $27,868.85, $21,422.27, $15,852.90, $5,218.70 and $4,456.18 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 awarded $126, $126, $156, $242 and $156 as the costs in respect of the claims.
Wah Tai Farm Company Limited pleaded guilty at Kwun Tong Magistracy previously to four counts of failing to make MPF contributions on time and was fined $10,500.
Ends/Friday, August 17, 2007
Issued at HKT 17:16
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