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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 (December 30) obtained two orders in the District Court against two employers for payment of outstanding MPF contributions at about $360,000.
The District Court today issued judgments against Joint-Tec Limited and Hui Chu Kwong trading as Yat Sing Transportation Company. The defendants were ordered to pay the MPFA $211,384.62 and $149,515.12, being mandatory contributions in arrears and surcharges payable to three and five employees of the respective defendants.
The amounts awarded will be reimbursed to the employees' MPF accounts as soon as they are received by the MPFA. The District Court ordered each defendant to pay costs of $930.
Ends/Tuesday, December 30, 2008
Issued at HKT 17:21
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