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The Nexus
BUSINESSJul 13 · 13:07 UTCSCMP CHINAWynna Wong

Authorities slam online claims about Wang Fuk Court acquisition company

Hong Kong’s housing authorities have dismissed online rumors that a government-established company to acquire flats at fire-ravaged Wang Fuk Court is an 'empty shell' at risk of bankruptcy. The Housing Bureau stated claims about 'Wang Fuk Court Property Rights Acquisition Limited' are 'entirely unfounded' and confirmed contracts with over 550 owners.

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Authorities slam online claims about Wang Fuk Court acquisition company · The Nexus