Due to the raging epidemic, the Hong Kong government had earlier introduced a "suspended rent pursuit" measure, prohibiting landlords from pursuing rents in certain industries. After the measures expired at the end of last month, some merchants were filed for rent pursuits one after another.
Among them, the chain furniture store Faithful Home is located in the branch of Tseung Kwan O Plaza. The owner recently filed a lawsuit in the High Court, and was accused of arrears in rent of more than 2.34 million yuan since March, as well as other expenses such as management fees.
Benefit responded with more than 400 words to the incident, pointing out that in the first half of this year, Hong Kong as a whole was affected by the fifth wave of the epidemic, resulting in a 2.6% drop in the value of total retail sales and a 5.6% drop in total sales volume.
The Hong Kong government promptly introduced the "rent-chasing suspension" measure, which gave the industry a respite. Unfortunately, the measure just expired at the end of last month, and a small number of landlords could not wait to file a court case for rent recovery.
Guan Baihao: Some big owners go their own way
Kwan Baihao, chairman of the group, said that Hong Kong's economy has declined twice in the past three years due to the impact of the epidemic and the global economy.
Under the leadership of the new Chief Executive, Hong Kong is just about to start a new chapter. Hong Kong people should help each other out of empathy and help each other to overcome the "epidemic".
"We regret that some individual big landlords went their own way and went to court for rent recovery without discussing it."
Guan Baihao said that he would like to thank all parties for their friendly care and support over the past few days, especially the owners and partners who have been with retailers through difficult times.
He continued to point out that the group is financially stable, its business is stable, and its cash flow is abundant.
"We have been serving Hong Kong diligently and diligently for more than 30 years. Just as the group's motto - ups and downs. No fear of wind and rain, we are determined to ride out the difficulties together with Hong Kong, and continue to do our best to serve everyone with the times. But other retailers, Small and medium-sized enterprises, in particular, need everyone to help and support each other, so that everyone can have a breathing space to get through the "epidemic" together and rebuild Hong Kong's economy together."
Guan Baihao, chairman of Shiliu, said that the group is financially stable, its business is stable, and its cash flow is abundant. (File photo)
