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Tenders awarded for three petrol filling station sites

The Lands Department announced today (March 7) that tenders for three petrol filling stations have been awarded on 21-year land grants at a total premium of $1,040,581,008.

Tuen Mun Town Lot No. 540 at Area 30A, San Tak Street, Tuen Mun, New Territories, was awarded to the highest tenderer, Shell Hong Kong Limited, at $571,105,008. Kwai Chung Town Lot No. 528 at 99 Castle Peak Road - Kwai Chung, Kwai Chung, New Territories, was awarded to the highest tenderer, ExxonMobil Hong Kong Limited, at $180.386 million. Sha Tin Town Lot No. 622 at Yuen On Street, Sha Tin, New Territories, was awarded to the highest tenderer, Sinopec (Hong Kong) Limited (parent company: Sinopec Marketing Company Limited), at $289.09 million.

The successful tenders were submitted on an individual basis for the purchase of the three sites. These three sites are existing, re-tendered sites for the development of petrol filling stations. Five tenderers took part in the exercise, which produced a total of 15 tenders.

The tenderers other than the successful tenderers that tendered in respect of each lot (individually or as a package) and in alphabetical order, with the name of the parent company where provided by the tenderer in brackets, were:

(a) Tuen Mun Town Lot No. 540
(1) Chevron Hong Kong Limited
(2) ExxonMobil Hong Kong Limited
(3) PetroChina International (Hong Kong) Corporation Limited
(4) Sinopec (Hong Kong) Limited (Sinopec Marketing Company Limited)

(b) Kwai Chung Town Lot No. 528
(1) PetroChina International (Hong Kong) Corporation Limited
(2) Shell Hong Kong Limited
(3) Sinopec (Hong Kong) Limited (Sinopec Marketing Company Limited)

(c) Sha Tin Town Lot No. 622
(1) Chevron Hong Kong Limited
(2) ExxonMobil Hong Kong Limited
(3) PetroChina International (Hong Kong) Corporation Limited

Ends/Wednesday, March 7, 2018
Issued at HKT 18:03

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