Defunct Hong Kong bakery chain fined HK$251,800 over unpaid wages
A Hong Kong court has fined a defunct bakery chain, Taipan Bread & Cakes, and its parent company Vast Luck a total of HK$251,800 (approximately US$32,127) for failing to pay wages and other entitlements to 47 former employees. The unpaid amounts exceeded HK$1.3 million. The companies have been given three to six months to settle the fines, though their liquidator indicated they have no assets to do so. AI