43

(iv) Lower pay band (below MPS Pt 10 and Equivalent)

(annual average salary $130,910)

$

% of salary

Pensions & gratuities

32,290

24.67

Leave

12,020

9.18

Housing benefits

1,790

1.37

Education allowance

840

0.64

Other (note 1)

3,610

2.76

50.550

38.62

Note 1: Medical & dental benefits and passages.

End

Complaints lodged with SFC on delisted companies

Following is a question by Dr the Hon Huang Chen-ya and a written reply by the Secretary for Financial Services, Mr Rafael Hui, in the Legislative Council today (Wednesday):

Question:

Will the Government inform this Council:

(a) of the number of listed companies which have been privatised or voluntarily delisted in the past 3 years;

(b) how many of the cases referred to in (a) above have given rise to complaints from minority shareholders; and

(c) how many of such complaints have been lodged directly with the Securities and Futures Commission (SFC); and whether the SFC has carried out investigations in order to find out if the interests of minority shareholders' have been damaged in such cases?

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