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FRIDAY, DECEMBER 6, 1974.
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LABOUR DISPUTE SETTLED
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A MARATHON CONCILIATION SESSION ARRANGED BY THE LABOUR DEPARTMENT ENDED IN THE EARLY HOURS OF THIS MORNING WITH A $450,000 WAGE SETTLEMENT FOR 204 FORMER WORKERS OF A KWUN TONG GARMENT FACTORY.
THE 12-HOUR MEETING AT THE KWUN TONG LABOUR RELATIONS OFFICE ENDED AT 3.15 AM WITH THE AGREEMENT BETWEEN REPRESENTATIVES OF THE REDUNDANT WORKERS AND THE RECEIVERS OF THE DAH LOONG GARMENT FACTORY LTD.
IT WAS THE SIXTH MEETING ARRANGED BY THE DEPARTMENT IN AN EFFORT TO SETTLE THE THREE-WEEK OLD WAGE DISPUTE.
THE MARATHON SESSION, ATTENDED BY 15 WORKERS REPRESENTATIVES AND TWO REPRESENTATIVES OF THE RECEIVERS FROM LOVE, BINGHAM AND MATTHEWS VAS CHAIRED BY LABOUR CONCILIATOR MR. CHOW TUNG-SHAN.
THE COMPANY WAS TAKEN OVER BY ITS DEBENTURE HOLDER, THE HONG KONG AND SHANGHAI BANK ON NOVEMBER 13.
SINCE THEN, TALKS HAVE BEEN GOING ON BETWEEN WORKERS AND THE RECEIVERS OVER THE TERMS OF THE WAGE SETTLEMENT.
THE ESTIMATED $450.000 SETTLEMENT COVERS ARREARS OF WAGES OWING FOR FOUR MONTHS UP TO THE DATE OF RECEIVERSHIP.
IT ALSO INCLUDES SEVERANCE PAY AND WAGES IN LIEU OF NOTICE.
MONTHLY-RATED EMPLOYEES WILL RECEIVE ONE-THIRD OF A MONTH'S WAGES AS YEAR END-BONUS.
THE MONEY WILL BE PAID TO THE WORKERS AT THE KWUN TONG LABOUR RELATIONS OFFICE ON DECEMBER 18.
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