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Hong Kong-listed company's textiles arm ordered to pay for sewage infraction
Author: Xinhua, in People's Daily Online, Published on: 27 August 2006
A textile firm [Dongguan Fuan Textiles Ltd., fully owned by Hong Kong-listed Fountain Set (Holdings) Limited], based in Dongguan in south China's Guangdong Province, has been ordered to pay 11.55 million yuan (1.4 million U.S. dollars) for illicit discharges of excess waste water over the past two years. This is believed to be the heaviest fine ever for illegal sewage release in the province...
Related companies: Fountain Set