Concession for factory tenants not extended

PUBLISHED : Thursday, 01 January, 2009, 12:00am
UPDATED : Thursday, 01 January, 2009, 12:00am

The Housing Department has turned down factory tenants' request for an extension to the halving of their rent. Deputy director Lau Kai-hung told more than 30 tenants of industrial buildings yesterday that their demand for a prolonged rent cut had been rejected. While the rent would be halved this month and next month, the two-month concession was too small in the face of the financial downturn, legislator Leung Yiu-chung said.