Plastec Technologies Settles Tax Dispute with Reimbursement

Plastec Technologies (PLTYF) has released an update.

Plastec Technologies has reimbursed a sum of HKD3,847,000 to Plastec International Holdings after settling a tax dispute involving its subsidiary, Broadway Precision Technology Limited, with the Hong Kong Inland Revenue Department for previous tax assessment years. The reimbursement aligns with a prior agreement where Plastec agreed to cover any tax-related liabilities of the subsidiary. This resolution highlights the company’s commitment to honoring its financial agreements and maintaining transparency with stakeholders.

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