HK$127 Million Refund for Displaced Owners in Wang Fuk Court Fire
The administrator for Wang Fuk Court has announced that HK$127 million will be refunded to owners displaced by a recent fire. This follows the distribution of HK$180 million to parties involved in the estate's renovation project.
Wang Fuk Court’s administrator has revealed that HK$180 million (US$22.9 million) has been paid to parties involved in the estate’s renovation project, with the remaining HK$127 million to be refunded to owners displaced by one of Hong Kong’s deadliest fires in decades. The details were disclosed during a Zoom meeting on Tuesday, one of two sessions arranged for residents by Hop On Management Company, the government-appointed administrator of the Tai Po estate following the fire. The second...