This corporate profile is compiled from statutory filings at the Hong Kong Companies Registry (ICRIS), the Inland Revenue Department Business Registration Office (BRO), official press releases issued by the Buildings Department (BD) on 4 October 2024 and 22 August 2025, the Independent Commission Against Corruption (ICAC) Operation "War Drum" press release dated 21 May 2025, regulatory action notices under the Construction Industry Council (CIC) Registered Specialist Trade Contractors Scheme (RSTCS), and the High Court of Hong Kong Writ of Summons filed on 26 October 2026. All 11-digit document identifiers (such as 22903017192, 22602595969, 23002178565, and 70006268105) represent authentic ICRIS Document Barcodes.
[Common Law Presumption of Innocence & Judicial Neutrality Statement] With respect to pending civil litigation before the High Court of Hong Kong, prosecutions initiated by the Buildings Department under the Buildings Ordinance (Cap. 123), and ongoing ICAC investigations, all allegations contained in civil writs represent the plaintiff's claims and remain subject to judicial determination under the Common Law presumption of innocence. 86hc.com maintains strict institutional neutrality and presents objective statutory records without offering legal advice or subjective credit ratings.
Tak Wang Construction Company Limited (德宏建築有限公司, Hong Kong CR No.: 3197902, Business Registration Number BRN: 74499198) is a private company limited by shares incorporated in Hong Kong on 12 October 2022 under the Companies Ordinance (Cap. 622), maintaining an active Live status on the Companies Register with its registered office at Room 906, 9/F, Two Grand Tower, 625 Nathan Road, Mong Kok, Hong Kong. Its sole director and shareholder is LI Tak Wai (李德威).
Operating as a bar-bending and fixing (rebar) subcontractor, Tak Wang Construction was awarded a HK$ 63.47 million, 915-day subcontract in September 2023 for the superstructure of the Kwun Tong Anderson Road "Starter Homes Pilot Project for Hong Kong Residents" (Lot No. 1069 in Survey District No. 3, developed by CK Asset subsidiary ART CHAMPION INVESTMENT LIMITED, CR: 1790501). Following whistle-blower reports in August 2024, the Buildings Department ordered a site-wide suspension in October 2024 after uncovering extensive deviations from approved structural plans across all 6 residential towers, subsequently initiating 205 prosecutions under the Buildings Ordinance in August 2025, while the ICAC arrested 10 individuals under Operation "War Drum" in May 2025. The Construction Industry Council (CIC) subsequently revoked Tak Wang Construction's specialist trade contractor registration (No. C201046). In October 2026, following the developer's decision to demolish and rebuild 3 of the 6 towers, former main contractor SUPERB INTERIOR CONTRACTING COMPANY LIMITED (CR: 1839071) filed a High Court civil claim against Tak Wang Construction seeking over HK$ 290 million in damages.
1. Statutory Registration Profile, ICRIS Identifiers & Related Corporate Entities Matrix
In construction subcontractor compliance screening and litigation due diligence, cross-referencing the statutory identifiers of the subcontractor, main contractor, project developer SPV, and newly formed director-linked entities is essential. According to the Hong Kong Companies Registry (ICRIS) and Business Registration Office (BRO), the statutory particulars of Tak Wang Construction Company Limited are as follows[1][2]:
| Statutory & Regulatory Attribute | Verified Companies Registry / BRO / CIC Official Record |
|---|---|
| Legal English Name | Tak Wang Construction Company Limited |
| Legal Chinese Name | 德宏建築有限公司 |
| Company Registration No. (CR No.) | 3197902 (Incorporated: 2022-10-12; Certificate of Incorporation CI Barcode: 40019521742) |
| Business Registration No. (BRN / UBI) | 74499198 (UBI Reference Document Barcode: SH001793556, recorded 2023-12-27) |
| Entity Type & Governing Law | Private company limited by shares · Hong Kong Companies Ordinance (Cap. 622) |
| Companies Registry Status | Live (Active) · Annual Return (Form NAR1) Anniversary Date: 10-12 |
| Registered Office Address | ROOM 906, 9/F, TWO GRAND TOWER, 625 NATHAN ROAD, MONG KOK, HONG KONG 香港旺角彌敦道625號雅蘭中心 2 期9樓906室 |
| Key Officer (Director & Shareholder) | LI Tak Wai (李德威) (Verified via Form NNC1 23002178565, Annual Returns, and High Court Writ disclosures)[1][3] |
| Construction Industry Council (CIC) Status | Registered Specialist Trade Contractors Scheme (RSTCS) Reg. No.: C201046 (Trade: Concreting Bar Bending and Fixing)Regulatory Action: Revocation of Registration (Revoked)[8] |
| Name History | Incorporated as Tak Wang Construction Company Limited (德宏建築有限公司) on 12 October 2022; no prior name changes |
Key Corporate Entities Involved in the Anderson Road Starter Homes Project
| Legal Entity Name | CR No. / BRN | Incorporation Date | Statutory Role in the Anderson Road Project & Litigation |
|---|---|---|---|
Tak Wang Construction Company Limited德宏建築有限公司 | CR: 3197902BRN: 74499198 | 2022-10-12 | Rebar Subcontractor / High Court Defendant: Awarded HK$ 63.47M rebar subcontract in Sept 2023; CIC registration (C201046) revoked; sued for over HK$ 290M by former main contractor. |
SUPERB INTERIOR CONTRACTING COMPANY LIMITED卓越天工有限公司 | CR: 1839071BRN: 60750154 | 2012-12-14 | Former Main Contractor / High Court Plaintiff: Supplied steel rebars and managed superstructure works; filed High Court writ on 26 Oct 2026 claiming over HK$ 290M from Tak Wang Construction. |
ART CHAMPION INVESTMENT LIMITED博藝投資有限公司 | CR: 1790501BRN: 60262484 | 2012-08-23 | Project Developer SPV (CK Asset Subsidiary): Acquired SD3 Lot No. 1069 off Anderson Road in May 2020 for HK$ 4.951 billion; decided in Oct 2026 to demolish and rebuild 3 of the 6 towers. |
China Railway Construction Group Co., Ltd.中鐵建設集團有限公司 | CR: F0029936(Part 16 Non-HK Co.) | 2021-10-08(HK Registration) | Replacement Main Contractor Group: Appointed by the developer to take over subsequent demolition and superstructure works following Buildings Department approval. |
DEQIAN CONSTRUCTION ENGINEERING CO., LIMITED德謙建築工程有限公司 | BRN / UBI:81332353 | 2026-10-06 | Newly Incorporated Entity by Director LI Tak Wai: Incorporated on 6 Oct 2026 by Tak Wang director/shareholder LI Tak Wai at Unit 1006, 10/F, Haleson Building, Central, Hong Kong. |
2. Kwun Tong Anderson Road "Starter Homes" Project Background & HK$ 63.47M Rebar Subcontract
To evaluate the contractual dispute and regulatory enforcement surrounding Tak Wang Construction Company Limited, it is necessary to examine the land grant conditions and subcontracting structure of the Anderson Road Starter Homes project:
- HK$ 4.951 Billion Government Land Grant (May 2020): According to the Lands Department press release dated 19 May 2020, Lot No. 1069 in Survey District No. 3 off Anderson Road, Kwun Tong, Kowloon (site area ~217,077 sq. ft., maximum gross floor area ~1,089,144 sq. ft.) was awarded to CK Asset Holdings subsidiary ART CHAMPION INVESTMENT LIMITED (CR No.: 1790501) on a 50-year land grant for HK$ 4,951 million[9]. Designed to comprise 6 multi-storey residential towers providing ~2,926 flats, the land grant required the developer to designate no fewer than 1,000 flats as "Starter Homes" units to be sold at a 20% discount to market value[9];
- Award of the HK$ 63.47 Million Rebar Subcontract (September 2023): Former main contractor SUPERB INTERIOR CONTRACTING COMPANY LIMITED (CR No.: 1839071) awarded the bar-bending and fixing (rebar) subcontract to Tak Wang Construction Company Limited (CR No.: 3197902) in September 2023—less than a year after Tak Wang's incorporation—for a contract period of 915 days and a total contract sum of HK$ 63.47 million[2][3];
- Contractual Division of Responsibilities: Under the subcontract terms disclosed in the High Court writ, the main contractor (Superb Interior Contracting) was responsible for procuring and supplying steel reinforcing bars to the site, whereas the subcontractor (Tak Wang Construction) was responsible for executing the bar-bending and installation works strictly in accordance with plans approved by the Buildings Department, subject to liquidated damages of HK$ 10,000 per day for delay[2][3].
3. Buildings Department Suspension Order, Concrete Opening-Up Investigation & 205 Prosecutions
According to official press releases issued by the Buildings Department (BD) on 4 October 2024 and 22 August 2025, the timeline of regulatory inspection and statutory prosecution unfolded as follows[5][7]:
- Whistle-Blower Report & Site Inspections (August – September 2024): In late August 2024, the Buildings Department received a report alleging that certain structural steel reinforcing bars in the superstructure works were not installed in accordance with the standards of the Buildings Ordinance (Cap. 123). During multiple inspections in September 2024, BD officers discovered that the steel reinforcement fixed in 6 beams on the 29/F of Tower 3 was less than that required under the approved plans[5];
- Site-Wide Suspension Order & Opening-Up Investigation (Late September – 2 October 2024): The Buildings Department ordered an immediate suspension of the entire superstructure site and required the Registered Structural Engineer (RSE) and Registered General Building Contractor (RGBC) to open up concrete across different locations of all 6 residential towers for comprehensive investigation[5][7];
- Confirmation of Material Deviations Across All 6 Towers: The opening-up investigation confirmed that parts of the steel reinforcement in all 6 towers materially deviated from the approved plans, including: (a) misaligned or displaced reinforcement bars; (b) reinforcement bar diameters differing from approved plans; (c) fewer reinforcement bars than required by approved plans; and (d) shifted structural columns[7]. While the BD assessed that the number of main reinforcement bars was on average less than 10% below approved plans and posed no obvious danger to overall structural integrity, strict remedial works were mandated[7];
- 205 Criminal Prosecutions under the Buildings Ordinance (22 August 2025): Following legal advice from the Department of Justice, the Buildings Department announced on 22 August 2025 the initiation of 205 prosecutions under Section 40(2A)(b) (materially deviating from approved plans, 204 charges) and Section 40(2AB) (contravening conditions imposed on building plans, 1 charge) of the Buildings Ordinance (Cap. 123) against the former and current RGBCs (2 corporate entities), Authorized Signatories, and 4 Technically Competent Persons (6 individuals in total)[7].
4. ICAC Operation "War Drum" Anti-Corruption Enforcement (May 2025)
On 21 May 2025, the Independent Commission Against Corruption (ICAC) issued an official press release announcing Operation "War Drum" regarding suspected bribery and falsification of site supervision records at the Anderson Road residential development project[6]:
- Arrest of 10 Men: The ICAC arrested 10 men (aged 29 to 52), comprising 5 owners, operators, or employees of the rebar subcontractor, 1 employee of the main contractor, and 4 resident site staff employed by the engineering consultant[6];
- Suspected Statutory Offences: The individuals were arrested for suspected offences under the Prevention of Bribery Ordinance (Cap. 201), conspiracy to defraud, and using false instruments[6];
- Alleged Modus Operandi: According to the ICAC press release, the rebar subcontractor allegedly deviated from BD-approved plans during construction to cut costs and boost profits, while offering advantages (including cash bribes, gift vouchers, lavish dinners, and nightclub entertainment) to main contractor staff and resident site supervision personnel in exchange for lax supervision and false certification on site inspection forms[6].
5. Demolish-and-Rebuild Decision for 3 Towers & High Court HK$ 290M+ Civil Claim Breakdown
Following extensive engineering assessments, the developer and the Buildings Department bifurcated the handling of the 6 residential towers between May 2025 and October 2026[2][4]:
- Remedial Strengthening for 3 Towers: The Buildings Department accepted remedial proposals (including partial strengthening, localized demolition, re-fixing of reinforcement, and re-casting of concrete) for 3 of the towers, lifting their suspension orders in May 2025[4];
- Full Demolition and Reconstruction of the Remaining 3 Towers (October 2026): Concluding that piecemeal remediation across the remaining 3 towers would be excessively time-consuming and economically inefficient, the developer decided in October 2026 to demolish and rebuild the remaining 3 towers. The Buildings Department approved the demolition plans, and a new main contractor under China Railway Construction Group took over the project[2][4].
High Court Writ of Summons Quantitative Breakdown (26 October 2026)
On 26 October 2026, former main contractor SUPERB INTERIOR CONTRACTING COMPANY LIMITED (CR No.: 1839071) filed a civil action in the Court of First Instance of the High Court of Hong Kong against Tak Wang Construction Company Limited (CR No.: 3197902). Key figures disclosed in the Writ of Summons include[2][3][4]:
| Litigation & Contract Metric | Quantified Figure | Factual & Legal Basis Disclosed in the High Court Writ |
|---|---|---|
| Rebar Subcontract Sum | HK$ 63.47 Million (Contract Term: 915 Days) | Awarded to Tak Wang Construction in September 2023 for bar-bending and fixing works on the Anderson Road superstructure. |
| Approved Plan Rebar Requirement vs. Actual Steel Supplied | Required: 15,753 Tonnes Supplied: 17,494 Tonnes (+1,741 Tonnes / +11% Surplus) | Plaintiff Superb Interior Contracting states it supplied 17,494 tonnes of steel rebars as of 15 October 2024—11% above the 15,753 tonnes required by approved plans—demonstrating that material supply was ample and the defects stemmed from the defendant's workmanship. |
| Subcontract Delay Liquidated Damages | ~HK$ 5.91 Million (591 Days × HK$ 10,000/Day) | Calculated under the subcontract's daily delay penalty of HK$ 10,000 across 591 days of alleged delay caused by Tak Wang Construction. |
| Projected Developer Liquidated Damages | ~HK$ 114 Million | Plaintiff discloses an anticipated exposure of approximately HK$ 114 million in liquidated damages payable to the developer due to severe project delays and tower demolition. |
| Total High Court Claim Amount | Over HK$ 290 Million | Encompasses breach of contract damages, extensive independent structural investigation and testing expenses, remedial study costs, developer claim exposure, and reputational damages. |
6. CIC Revocation (C201046), Director's Newly Incorporated Entity (81332353) & Complete ICRIS Filing Barcodes
Following the site incident, the Construction Industry Council (CIC) took regulatory action under the Registered Specialist Trade Contractors Scheme (RSTCS) to revoke the registration of Tak Wang Construction Company Limited (Registration No.: C201046), citing serious site incidents, serious or suspected serious poor performance in construction contracts, and public interest considerations[3][8].
Concurrently, Companies Registry records show that on 6 October 2026, Tak Wang Construction's director and shareholder LI Tak Wai (李德威) incorporated a new entity—DEQIAN CONSTRUCTION ENGINEERING CO., LIMITED (德謙建築工程有限公司, BRN / UBI: 81332353)—serving as its founder member (shareholder) and director, with its registered office at Unit 1006, 10/F, Haleson Building, 1 Jubilee Street, Central, Hong Kong[1][3].
1. Complete Schedule of 7 Official ICRIS Filings for Tak Wang Construction Company Limited (CR: 3197902)
| Filing Date | Form Code | Official ICRIS Statutory Document Title | Pages | ICRIS Barcode |
|---|---|---|---|---|
2025-11-21 | Form NAR1 | Annual Return 2025 (2025年度 週年申報表) | 9 pp. | 22903017192 |
2024-11-07 | Form NAR1 | Annual Return 2024 (2024年度 週年申報表) | 9 pp. | 22602595969 |
2023-12-27 | UBI Ref | Reference Document for BRN as Unique Business Identifier | 1 p. | SH001793556 |
2023-11-01 | Form NAR1 | Annual Return 2023 (2023年度 週年申報表) | 8 pp. | 23102166287 |
2022-10-12 | Form NNC1 | Incorporation Form (Company Limited by Shares) | 7 pp. | 23002178565 |
2022-10-12 | A&A | Articles of Association (English) | 18 pp. | 23002178566 |
2022-10-12 | CI | Certificate of Incorporation | 1 p. | 40019521742 |
2. Official ICRIS Filings for Director's Newly Formed Entity: DEQIAN CONSTRUCTION ENGINEERING CO., LIMITED (BRN: 81332353)
| Filing Date | Form Code | Official ICRIS Statutory Document Title | Pages | ICRIS Barcode |
|---|---|---|---|---|
2026-10-06 | Form NNC1 | Incorporation Form (Company Limited by Shares) | 10 pp. | 70006268105 |
2026-10-06 | A&A | Articles of Association (English) | 18 pp. | 70006268106 |
2026-10-06 | CI | Certificate of Incorporation | 1 p. | 40027295870 |
💡 Due Diligence Inspection Tip: To inspect the latest shareholding register and director particulars of Tak Wang Construction Company Limited, visit the Tak Wang Construction (CR: 3197902) Registry Page and retrieve Barcode 22903017192 (2025 Form NAR1). To verify the founding director and shareholder signatures of the newly established entity, visit the Deqian Construction Engineering (BRN: 81332353) Registry Page and retrieve Barcode 70006268105 (Form NNC1).
7. Frequently Asked Questions (FAQ) on Tak Wang Construction Company Limited
Q1: What is Tak Wang Construction Company Limited (德宏建築有限公司) and what are its CR No. and BRN?
Tak Wang Construction Company Limited (德宏建築有限公司) is a Hong Kong private company limited by shares incorporated on 12 October 2022 with Company Registration No. (CR No.) 3197902 and Business Registration Number (BRN) 74499198. Its registered office is at Room 906, 9/F, Two Grand Tower, 625 Nathan Road, Mong Kok, Hong Kong, and its director and shareholder is LI Tak Wai (李德威). It served as the rebar subcontractor (HK$ 63.47M contract) for the Kwun Tong Anderson Road Starter Homes project.
Q2: Why did Superb Interior Contracting Company Limited sue Tak Wang Construction for over HK$ 290 million?
Following Buildings Department inspections in late 2024 that uncovered severe steel reinforcement deviations across all 6 towers of the Anderson Road Starter Homes project—ultimately leading the developer to demolish and rebuild 3 towers—former main contractor SUPERB INTERIOR CONTRACTING COMPANY LIMITED (CR: 1839071) filed a High Court writ on 26 October 2026. The plaintiff stated it supplied 17,494 tonnes of steel rebars (11% more than the 15,753 tonnes required by approved plans) and alleged that Tak Wang Construction breached its subcontract and caused 591 days of delay, resulting in over HK$ 290 million in investigation costs, remedial expenses, reputational harm, and projected developer liquidated damages (~HK$ 114 million).
Q3: What is the current registration status of Tak Wang Construction at the Companies Registry and the CIC?
Counterparties must distinguish between corporate existence and trade licensing: (1) At the Hong Kong Companies Registry (ICRIS), Tak Wang Construction Company Limited (3197902) remains "Live" (Active) on the register; (2) Under the Construction Industry Council (CIC) Registered Specialist Trade Contractors Scheme (RSTCS), its specialist trade registration (No. C201046) has been officially revoked due to serious site incidents, substandard contract performance, and public interest concerns.
Q4: Did Tak Wang Construction's director LI Tak Wai establish a new construction company in October 2026?
Yes. According to official Companies Registry filings, on 6 October 2026, director and shareholder LI Tak Wai incorporated DEQIAN CONSTRUCTION ENGINEERING CO., LIMITED (德謙建築工程有限公司, BRN: 81332353) at Unit 1006, 10/F, Haleson Building, 1 Jubilee Street, Central, Hong Kong, serving as its founder member and director (Form NNC1 Barcode: 70006268105).
8. Statutory References, Government Press Releases & Verification Channels
- [1] Hong Kong Companies Registry (ICRIS) & IRD Business Registration Office (BRO):Statutory Filing Dossier of Tak Wang Construction Company Limited (CR: 3197902 / BRN: 74499198, 7 Filings 2022–2025), SUPERB INTERIOR CONTRACTING COMPANY LIMITED (CR: 1839071 / BRN: 60750154, 59 Filings), and DEQIAN CONSTRUCTION ENGINEERING CO., LIMITED (BRN: 81332353, 3 Filings 2026-10-06). 86hc.com ICRIS Search Portal · BRN Verification Portal
- [2] High Court of Hong Kong Writ of Summons & HK01 Court Report (26 October 2026): Civil claim by plaintiff SUPERB INTERIOR CONTRACTING COMPANY LIMITED against defendant Tak Wang Construction Company Limited regarding the HK$ 63.47M rebar subcontract, 17,494 vs. 15,753 tonnes rebar supply records, and HK$ 290M+ claim breakdown. 86hc.com Litigation & Winding-Up Search
- [3] Ming Pao Court & Registry Investigation Report (26–27 October 2026): Detailed reporting on the HK$ 5.91M delay penalty (591 days), ~HK$ 114M developer liquidated damages exposure, CIC registration revocation, and director LI Tak Wai's incorporation of Deqian Construction Engineering Co., Limited.
- [4] Hong Kong Economic Journal (HKEJ) & Sing Tao Daily Reports (26 October 2026): Coverage of the Buildings Department's approval of demolition plans for 3 towers at the Anderson Road Starter Homes site and appointment of the replacement contractor.
- [5] HKSAR Government Press Release / Buildings Department (4 October 2024):"BD responds to media enquiries on development project at Anderson Road" (Official statement on late-August 2024 whistle-blower report, September inspections of 6 beams on 29/F of Tower 3, and the site-wide suspension order).
- [6] Independent Commission Against Corruption (ICAC) Official Press Release (21 May 2025):"ICAC Operation 'War Drum' busts corruption and fraud over residential development project at Anderson Road with 10 arrested".
- [7] HKSAR Government Press Release / Buildings Department (22 August 2025):"BD instigates prosecutions regarding residential development project at Anderson Road" (205 charges under Sections 40(2A)(b) and 40(2AB) of the Buildings Ordinance, Cap. 123).
- [8] Construction Industry Council (CIC) Registered Specialist Trade Contractors Scheme (RSTCS): Regulatory Action Notice for Tak Wang Construction Company Limited (Registration No.:
C201046— Revocation of Registration), verified athttps://rstc.cic.hk/. - [9] HKSAR Government Press Release / Lands Department (19 May 2020):"Tender awarded for 'Starter Homes' site at Anderson Road, Kwun Tong" (Lot No. 1069 in Survey District No. 3 awarded to Art Champion Investment Limited for HK$ 4,951 million).