Thanks to Riverchain for organising the Seminar on the Construction Industry Security of Payment Bill (“Bill”) on 12 September 2024.
Together with Ms Vivian Wong, Ms Priscillia Lam from Cocking & Co LLP , and Sr Raymond Kam from HKIS, our Chairman, Ir Albert YEU FICE FCIArb FHKICAdj MRICS, provided invaluable insights regarding the Bill and cash flow management for the industry, which enriched the discussion.
The Bill marks a pivotal moment in construction law in Hong Kong, offering protection for industry stakeholders and abolishing conditional payment provisions once implemented. A sincere thank you to Mr Tommy C of Riverchain for hosting us and for their continued commitment to advancing our industry.
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