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Michael Kadoorie Reportedly Invites Tycoons to Raise $390M to Boost HK Image & Tourism
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CLP HOLDINGS (00002.HK) Chairman Michael Kadoorie has recently approached several prominent business leaders to take the lead in raising US$50 million ($389 million) aimed at enhancing Hong Kong's image and revitalizing its tourism industry, Bloomberg, citing sources, reported. It is understood that Kadoorie stated he would personally contribute US$5 million and has invited HENDERSON LAND (00012.HK) Co-Chairman Peter Lee, SHK PPT (00016.HK) Chairman Raymond Kwok, and BABA-W (09988.HK) Chairman Joe Tsai, among others, to contribute to the initiative. AAStocks Financial News |
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