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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 (January 2) obtained an order in the District Court for payment of outstanding MPF contributions at about $100,000 against an employer. The MPFA also pursued one claim in the Small Claims Tribunal for some $45,000 on behalf of two employees, who were owed MPF contributions by their employer.
The District Court today issued judgment against Standard Lite Corporation Limited. The defendant was ordered to pay the MPFA $100,579.95, being mandatory contributions in arrears and surcharges payable to five employees of the defendant.
At the tribunal's hearing, Ting Cheong Metal Ware Factory Limited did not dispute the amount claimed. The Adjudicator ordered it to pay the MPFA $45,173.84, being mandatory contributions in arrears and surcharges payable.
The amounts both awarded at the District Court and the tribunal will be reimbursed to the employees' MPF accounts as soon as they are received by the MPFA. The District Court further ordered the defendant to pay costs of $930 and the tribunal ordered the defendant to pay costs of $236.
Ends/Wednesday, January 2, 2008
Issued at HKT 17:19
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