Frankie Chan – Charm

Government to handle Wang Fuk Court insurance claims under buyback plan: administrator

3 months ago02 mins

The administrator of the fire-damaged Wang Fuk Court has reassured residents that the Hong Kong government will assume responsibility for pursuing insurance claims on policies bought by the estate on behalf of owners who sell their flats to authorities under a buy-back plan. But some residents of the Tai Po estate who attended Wednesday’s Zoom…

Wang Fuk Court administrator outlines HK$127 million refund for displaced owners

3 months ago02 mins

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…