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The Lands Department today (February 19) announced that the tender for two petrol filling stations had been awarded on a 21-year land grant at a total premium of $168.95 million.
The site at Area 22, Tai Po, New Territories (Tai Po Town Lot No.205) was awarded to ExxonMobil Hong Kong Limited at $131.9 million. The site at Kam Tin Road, Yuen Long, New Territories (Lot No.817 in Demarcation District No.110) was awarded to Petrochina International (Hong Kong) Corporation Limited at $37.05 million.
"Authority from the Central Tender Board was given to the Lands Department to award the above sites to the highest tenderers," a government spokesman said.
The successful tenders were submitted on an individual basis for the purchase of the two sites. These two sites are existing, re-tendered sites for the development of petrol filling stations.
Five tenderers took part in the tender exercise, which produced a total of nine tenders: seven for the sites individually and two for the two sites collectively as a package. The companies other than the successful tenderers that tendered (individually or as a package) are listed below in respect of each lot and in alphabetical order:
(i) Tai Po Town Lot No.205
(a) Petrochina International (Hong Kong) Corporation Limited
(b) Shell Developments (HK) Limited
(c) Sinopec (Hong Kong) Limited
(ii) Lot No.817 in Demarcation District No.110
(a) ExxonMobil Hong Kong Limited
(b) Feoso Oil Limited
(c) Sinopec (Hong Kong) Limited
Ends/Friday, February 19, 2010
Issued at HKT 17:05
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