Hong Kong court winds up Wang Fuk Court renovation consultant over debt
A Hong Kong court has ordered the winding-up of an engineering consultant behind a HK$336 million (US$42.8 million) renovation project at the fire-ravaged Wang Fuk Court over an unspecified debt. The High Court on Wednesday granted Tong Yiu-kwok’s application to wind up Will Power Architects after the company neither filed a statement in opposition nor sent a representative to explain its…
A Hong Kong court has ordered the winding-up of engineering consultant Will Power Architects over an unspecified debt related to a HK$336 million (US$42.8 million) renovation project at the fire-damaged Wang Fuk Court. The High Court granted Tong Yiu-kwok's application, noting that the company did not oppose the winding-up and did not send a representative to the hearing.
Will Power director Wong Hap-yin, who is currently in custody facing 16 charges in connection with the deadly fire at the Wang Fuk Court, has also been remanded in custody. The fire, which killed 168 people and displaced nearly 5,000, has exposed issues in fire-risk management for large-scale renovation projects and highlighted widespread collusion among engineering firms in the building maintenance market.
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