ATV Employees Have Not Received Their August Salary
Just when ATV finds new investors, the cash-strapped station once again hits another financial iceberg. In the past few years ATV, Hong Kong’s oldest free-to-air station, has been struggling with financial difficulties, and was in a risk of losing its license until a mysterious buyer came to its aid in June of this year.
Despite their revival, ATV is still having problems paying its staff their monthly wages. Last year ATV was under fire for postponing salary payments and went through a series of lawsuits. This July, ATV was late in paying salaries, and the same scenario is happening again for the month of August. It has already been over seven days since the deadline for August payment.
ATV executive director Ip Ka Po (葉家寶) has expressed that he is in immense pressure because of this. In an article posted online, Ip Ka Po said that handling the August wages have mentally and physically drained him. He wrote in the article, “I’ve always been working to the best of my abilities when it came to the payments, and I try my best to discuss it at the board meetings. I have been requesting the shareholders and new investors to invest more on the wages. I have been working 100 percent, asking for the August payments to be given as scheduled. However, the company still has not done anything yet. I am also just an employee. I do not have any shares and do not profit from this. I will continue to try my best tomorrow, hoping that this matter will be settled soon.”
This article is written by Addy for JayneStars.com.