Hong Kong’s biggest teachers’ union to hold special meeting to vote on disbanding and liquidation

//Hong Kong’s biggest teachers’ union to hold special meeting to vote on disbanding and liquidation

Hong Kong’s biggest teachers’ union to hold special meeting to vote on disbanding and liquidation

Hong Kong’s largest teachers’ union will hold a special meeting next Saturday to vote on a motion to disband and begin winding-up procedures, the Post has learned.The embattled Professional Teachers’ Union (PTU) has already agreed to sell a property which housed one of its two supermarkets to a medical group for HK$175 million (US$22.5 million), an acquisition circular revealed.“Assets, after paying off liabilities and dismissing staff, will be distributed evenly to members in accordance with…

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By | 2021-09-04T05:04:50+00:00 September 4th, 2021|Education|Comments Off on Hong Kong’s biggest teachers’ union to hold special meeting to vote on disbanding and liquidation