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The CTU Education Fund is deregistering and is suspending business operations

2022-05-12T09:55:29.427Z


The Workers Union Education Fund Co., Ltd. held a special general meeting. Through the cancellation of the company registration, the company's business operations, auditing and other work are now being stopped, and professionals have been appointed to assist in completing the relevant laws for the cancellation of company registration.


The Workers Union Education Fund Co., Ltd. held a special general meeting. Through the cancellation of the company registration, it is now suspending the company's business operations, auditing and other work, and has appointed professionals to assist in completing the relevant legal procedures and procedures for the company's cancellation of registration.


The CTU Education Fund was established in 2002 to provide training courses for grassroots workers and the unemployed, as well as employment support services.

The Inland Revenue Department revised its tax guidelines for charities in September last year, stating that any group that supports or engages in activities that are not conducive to national security will be revoked from tax exemption.

The National Security Division detained 6 people including Deng Jianhua, the former vice-chairman of the Workers’ Union, for making incitement in the court. The State Security Division searched 10 locations of the Workers’ Union and took away 3 people including Huang Liyuan. They checked multiple boxes of documents, and 8,000 trainees were left after the Workers’ League was dissolved. The Retraining Bureau said the handover was complete. Exclusive courses are also accepted

Source: hk1

All news articles on 2022-05-12

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