Two subsidiaries of a major Hong Kong construction firm have been sued by a subcontractor for compensation of more than HK$9.5 million (US$1.2 million) after the parent company proceeded with winding-up proceedings.
Paul Y Construction Co and Paul Y General Contractors – two subsidiaries of Paul Y Engineering Group – were allegedly indebted to Mankey Construction Company, the subcontractor that collaborated with them for more than a dozen projects from as early as 2020.
The two firms subcontracted some of their public construction works to Mankey, including a fire training facility in the airport’s three-runway system and a Kwun Tong residential development along Anderson Road, according to court documents made available on…