Pokfulam Development Company Limited has announced that its wholly-owned subsidiary, Pokfulam Property, entered into a construction contract with B. L. Wong & Co., Ltd. on 15 October 2025. Under the contract, B. L. Wong & Co., Ltd. will perform renovation works to enhance the exterior and reinstate parts of the property. The contract sum is HK$3,560,000, and the works are scheduled to be completed within 120 calendar days from the commencement date, which is seven days after the contract date. In case of any delay in completion, the contractor is required to pay HK$1,000 per day to Pokfulam Property. Pokfulam Property has obtained the necessary authorisation from the relevant property owners to enter into the contract.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pokfulam Development Company Limited published the original content used to generate this news brief on October 15, 2025, and is solely responsible for the information contained therein.