The Government today welcomed the Lands Tribunal's decision of formally approving the dissolution of the incumbent management committee (MC) of the Wang Fuk Court owners' corporation (OC) and appointing Hop On Management Company (Hop On) under the Chinachem Group as the estate’s administrator.

The judge agreed with the Government's submission that there are limitations in the capabilities of the current MC, whereas Hop On possesses sufficient experience and resources to provide appropriate assistance.

The Government believes that having a professional team take over the management of the OC can more effectively handle the complex issues currently faced by the OC and better safeguard the rights and interests of all owners and residents.

The administrator will only temporarily assume the functions of the original MC, acting on behalf of the OC to handle management matters of the estate. The OC as a statutory body established under the law will continue to exist.

The appointment will not affect the ultimate decision-making power of Wang Fuk Court’s owners on important management matters. All major decisions must strictly follow the provisions of the Building Management Ordinance, to be decided by owners through resolutions passed at owners' meetings, ensuring that owners' rights are fully respected.

Upon completion of the appointment procedures, Hop On will commence work immediately. Firstly, Hop On will conduct a handover with the former management company, clarifying the legal liabilities and entitlements of the OC and the owners under contracts already entered into by the OC, and examining the accounts of the OC.

Meanwhile, Hop On will also start preparing to hold briefing sessions to explain to owners and residents its role and duties as the administrator, and to collect their views and requests, ensuring residents have sufficient understanding of and participation in the management arrangements. Staff from the Home Affairs Department (HAD) will also attend.

Secretary for Home & Youth Affairs Alice Mak said: “To ensure the orderly progress of various tasks, the HAD has established a dedicated follow-up team, which will work closely with Hop On and provide necessary support. In accordance with the court order, Hop On is required to submit monthly reports to the Government."

Miss Mak reiterated that the administrator will not charge any fees for this appointment. Nina Wang Charity Management has also pledged to donate a total of $10 million to cover the administrator's day-to-day operational expenses.