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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 (March 11) obtained orders in the District Court against two employers for payment of outstanding MPF contributions at about $200,000.
The District Court issued judgments against Ho Wing Management Limited and Gold Rising Foods Company Limited. The defendants were ordered to pay the MPFA $111,577.49 and $97,911.67, being mandatory contributions in arrears and surcharges payable to 106 and eight employees respectively.
The amounts awarded at the District Court will be reimbursed to the employees' MPF accounts as soon as they are received by the MPFA. The District Court ordered the defendants to each pay costs of $930.
Ends/Wednesday, March 11, 2009
Issued at HKT 17:50
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