Hong Kong homeowners prompt government rethink on proxy vote proposals
South China Morning Post · Lo Hoi-ying ·
Nearly 70 per cent of the 550 submissions reject limits on authorised representatives and more than half object to proxy vote caps.
Hong Kong homeowners’ pushback against proposals to limit proxy votes and restrict meeting attendance to relatives has prompted authorities to study alternatives to resolve estate management issues behind the deadly Tai Po fire.
In a paper submitted to the Legislative Council on Tuesday, the Home and Youth Affairs Bureau revealed the findings of its month-long public consultation on amendments to the Building Management Ordinance, part of proposed reforms after the Wang Fuk Court fire that killed 168 people.
The independent inquiry into the inferno found that “numerous features” of the HK$336 million (US$43 million) renovation project under way at the estate at the time of the tragedy “bore the hallmarks of bid-rigging and anti-competitive conduct”. They included an aggressively low consultancy bid and concentrated proxy votes over critical appointments for the project.
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