XN000022-1973-06-16 — Page 6

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Saturday, June 16, 1973

LABOUR DISPUTE SETTLED AMICABLY

Some 120 daily and piece-rated workers of Arts Footwear Manufacturing

Limited of Castle Peak have received a total of about $70,000 as severance

pay and attendance bonuses following the closing down of the factory.

The payment was made yesterday at the San Po Kong Office of the

Labour Relations Service of the Labour Department.

It brought to an end a dispute which arose, on May 30 out of

a prolonged lay-off of workers owing to the expiry of the lease on the

factory premises.

The money was paid to workers in accordance with an agreement

reached between the management and workers of the company after two

sessions of conciliation meetings held at the Labour Department on May 31.

Under the agreement, workers received 20 days' wages as severance

pay. In addition, qualified workers in the gumming section received good

attendance bonuses.

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