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Lap Kei Engineering (Holdings) Limited ( (HK:1690) ) has provided an announcement.
Lap Kei Engineering (Holdings) Limited has issued a clarification regarding a media report alleging non-payment of wages to workers on a Kowloon Bay project. The company asserts that the workers in question were employed by a financially troubled sub-contractor, not by the company itself. To ensure project continuity and protect workers’ rights, Lap Kei advanced wages directly to the workers. The company maintains its financial stability and is considering legal action against the publication of the inaccurate report.
More about Lap Kei Engineering (Holdings) Limited
Lap Kei Engineering (Holdings) Limited is a company incorporated in the Cayman Islands, operating in the engineering sector. The company, along with its subsidiaries, focuses on engineering projects and services.
Average Trading Volume: 422,333
Technical Sentiment Signal: Buy
Current Market Cap: HK$97.18M
For detailed information about 1690 stock, go to TipRanks’ Stock Analysis page.