Friday, January 30, 2015   

Govt urged to buy back Link REIT
(07-23 13:53)

Dozens of people are protesting outside the venue where the Link Real Estate Investment Trust - or Link REIT - is holding its annual general meeting.
They want the government to buy back ownership of the Trust which was divested by the Housing Authority in 2005 in a bid to improve returns on its shopping malls and car parks.
The protesters said the Trust has not fulfilled its social obligations despite earning massive profits every year.
One of the protesters, Catlyn Ho, said the government should impose an additional tax on the Trust and the money collected should be used to narrow Hong Kong's wealth gap. --RTHK   
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