Science Park Starts To Reclaim Land From Apple Daily

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-06-24 HKT 08:06

Share this story

facebook

  • The Science and Technology Park Corporation said multiple violations were involved in the operations of the printing company. Photo: AFP

    The Science and Technology Park Corporation said multiple violations were involved in the operations of the printing company. Photo: AFP

The Science and Technology Park Corporation has started the procedure to reclaim the land it leased to Apple Daily on the Tseung Kwan O Industrial Estate, saying multiple violations were involved in the operations of the printing company.

The statutory body made the announcement as Apple Daily staff prepared the last edition of the pro-democracy newspaper on Wednesday night.

The corporation said it has taken the action in accordance with the terms of the contract, and had issued a notice of breach of contract to the company.

It added that no further comments would be made, as the matter had entered legal proceedings.

Apple Daily founder Jimmy Lai is currently detained. He is facing multiple charges, including national security charges over alleged collusion with foreign forces.

He is also charged with fraud over the alleged use of the company's headquarters for purposes not permitted by the lease signed with the Science Park in 1995.

Just a day after the police raided the building again and arrested five executives under the national security law last week, DAB lawmaker Elizabeth Quat, who is an avid critic of the tabloid, was appointed as a new board member of the Science Park for two years from July 1, 2021.

RECENT NEWS

StartmeupHK Festival And Hong Kong Fintech Week 2025 Merge For 10th Anniversary Milestone

Invest Hong Kong (InvestHK) announced on 10 March 2025 that both of its flagship events, Hong Kong Fintech Week 2025 an... Read more

Ant AI-Powered Health Insurance Processes 7.25M Claims In 2024, 55%YoY Increase

In 2024, Ant Insurance, the online insurance brokerage platform of Ant Group, processed 7.25 million health claims, mar... Read more

Ping An Talent Uses AI For Job Matching, But Can Technology Make Recruitment Fairer?

Ping An Insurance (Group) Company of China, Ltd. has launched its 2025 Spring Campus Recruitment, offering over 2,000 p... Read more

HKEX Partners With CMU OmniClear To Boost Post-Trade Securities Infrastructure

Hong Kong Exchanges and Clearing Limited (HKEX) announced on 4 March 2025 that it signed a Memorandum of Understanding ... Read more

PAObank Secures Insurance Agency Licence, Partners With Ping An And FWD Hong Kong

PAO Bank Limited (PAObank) has received its Insurance Agency Licence from the Insurance Authority and signed strategic ... Read more

IFAST Launches Self-Service Accounts For Hong Kong Family Offices

Fintech solutions provider iFAST HK launches self-service accounts in Hong Kong, catering to the growing demand for ind... Read more