Sun Hung Kai fined HK$50,000 for sales violation

Business | 13 Aug 2019 3:18 pm

Sun Hung Kai Properties (0016) pleaded guilty and was fined HK$50,000 today for failing to provide enough information as to terms of payment in the register of transactions when selling its project St Martin by tender in March, in violation of the Residential Properties (First-hand Sales) Ordinance.

The case was tried at Kwun Tong Magistrates' Courts in the morning. The developer admitted neglecting social responsibilities, according to the defense.

Search Archive

Advanced Search
August 2019
S M T W T F S

Today's Standard



Yearly Magazine

Yearly Magazine