EconomyThe Vertex developer fined HK$770,000 over disclosure failures
Twin City Holdings Limited, developer of the Cheung Sha Wan residential project The Vertex, was fined HK$770,000 for failing to properly record transactions. A government statement said the company breached a residential properties ordinance by not disclosing payment-term details, including price discounts and other financial incentives.
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South China Morning Post★★☆☆☆2026-09-29 14:12Original
The Vertex developer fined HK$770,000 over disclosure failures
Economy