Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 53

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 53
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protection of wages to all employees to regulate the general conditions of employment and for matters connected therewith.

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The
EO provides that where a contract of employment is terminated, any sum due to the employee shall be paid to him as soon as is practicable
and in any case not later than seven days after the day of termination. Under the Employment Ordinance, any employer who willfully and
without reasonable excuse fails to pay the said sum due to the employee within seven days after the day of termination, commits an offence
and is liable to a fine of HK$350,000 (US$44,872) and to imprisonment for three years.

Further,
the EO provides that if any wages or any sum earned by the employee for work done over the period commencing on the expiry of his wage
period next preceding the time of termination up to that time are not paid within seven days from the day on which they become due, the
employer shall pay interest at a specified rate on the outstanding amount of wages or sum from the date on which such wages or sum become
due up to the date of actual payment. Any employer who willfully and without reasonable excuse fails to pay such wages or sum within
seven days from the day on which they become due, commits an offence and is liable on conviction to a fine of HK$10,000 (US$1,282).

Mandatory
Provident Fund Schemes Ordinance

The
Mandatory Provident Fund Schemes Ordinance (Chapter 485 of the Laws of Hong Kong) (the “ MPFSO”) provides that every employer
must take all practicable steps to ensure that each employee is covered under a Mandatory Provident Fund (MPF) scheme. An employer who
fails to comply with such a requirement may face a fine and imprisonment. The MPFSO provides that an employer must, for each contribution
period, (a) from the employer’s own funds, contribute to the relevant MPF scheme the amount determined in accordance with the MPFSO;
and (b) deduct from the employee’s relevant income for that period as a contribution by the employee to that scheme the amount
determined in accordance with the MPFSO.

The
amount to be contributed and/or deducted by an employer for a contribution period is in the case of a casual employee who is a member
of an industry scheme, an amount determined by reference to a scale specified in an order made in accordance with the MPFSO.

Employees’
Compensation