Real Estate
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By Katherine Langford
KFGO
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Hong Kong’s Urban Renewal Authority has advised property owners under a subsidy scheme against hiring a contractor that failed to install fire safety components in lifts at hundreds of buildings, saying it had “lost confidence” in the company. The move came a day after the government suspended the performance rating for Taizoom Elevator, which was found to have failed to install required fire-resistant door frame components at 338 buildings as inspections of its work across the city are carried...