Published 4 years ago

HK to end Disney's option for Penny's Bay

Summary by rthk.hk

The government is ending an option for the Hong Kong Disneyland to buy a piece of land next to it in Penny's Bay, The option to purchase, for the seco...

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Reuters

Hong Kong government ends Disney's option for expanding theme park

Walt Disney Co will lose its option to buy a plot of land next to its Hong Kong theme park that was to allow for future expansion after the city's government said on Wednesday it would not extend the option due to current economic conditions.

4 years ago·United Kingdom

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South China Morning Post

Hong Kong Disneyland’s option on next-door site not to be renewed

Hong Kong Disneyland’s option to purchase a potential expansion site next to the park will not be extended, with government sources saying the land is to be used as a Covid-19 quarantine facility for at least a few years before a long-term purpose is determined.While the Walt Disney Company said it was “extremely disappointed” in the decision, sources said the company had been unable to commit to using the site in the near future. The option was…

4 years ago·Hong Kong

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Channel News Asia

Hong Kong government ends Disney's option for expanding theme park

HONG KONG: Walt Disney will lose its option to buy a plot of land next to its Hong Kong theme park that was to allow for future expansion after the city's government said on Wednesday (Sep 23) it would not extend the option due to current economic conditions. The announcement comes as the Chinese ...

4 years ago·Singapore

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Bloomberg

Hong Kong Disneyland Stripped of Right to Expand Theme Park

Walt Disney Co.’s Hong Kong Disneyland Resort will be unable to expand its site after local authorities decided not to renew an agreement with the amusement park to develop a neighboring plot of land.

4 years ago·United States

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Today

Hong Kong government ends Disney's option for expanding theme park

HONG KONG - Walt Disney Co will lose its option to buy a plot of land next to its Hong Kong theme park that was to allow for future expansion after the city's government said on Wednesday it would not extend the option due to current economic conditions.

4 years ago·Singapore

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rthk.hk

HK to end Disney's option for Penny's Bay

The government is ending an option for the Hong Kong Disneyland to buy a piece of land next to it in Penny's Bay, The option to purchase, for the seco...

4 years ago

Read Full Article

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