HONG KONG - Two companies were fined a total of HK$95,000 (US$12,000) for failing to make contributions to the Mandatory Provident Fund on behalf of employees.
Man Cheong Construction Engineering Company and Bright Charter (Hong Kong) Limited trading as Tung Lok Hin were both accused of breaching the Mandatory Provident Fund Schemes Ordinance and were convicted by the Kwun Tong Magistracy.
Man Cheong was fined HK$40,000 for five counts of failing to make MPF contributions while Bright Charter pleaded guilty to 20 counts of the same offense and was fined $55,000.
Bright Charter failed to appear at a separate hearing and was ordered to pay an additional $42,567 - for mandatory contributions in arrears and surcharge.
Active Gainer Limited and Billion State International Investment Limited trading as Sure Take Seafood Restaurant also did not attend the sitting and were ordered to pay $27,630 and $8,382 respectively.
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