“A Henderson Land Development joint venture has won a five-year contract to operate the Central Harbourfront Event Space in Hong Kong, with a clause requiring the government to be compensated if the number of events falls short of its commitment. The Development Bureau announced on Thursday that Central Grand Limited (CGL), a joint venture between the property developer and concert organiser YW Company, or “Yiu Wing”, beat five other bidders for the prime site, which hosts major events such as...
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