Li Ka-shing buys Canadian car park operator for HK$2.8 billion

To add to Li Ka-shing’s recent business ventures overseas, it has been reported by the RTHK that the Hong Kong tycoon has partnered up two companies he controls to buy Canadian company, Park’N Fly.

Park’N Fly is a Canadian car park operator which operates airport parking businesses in Toronto, Montreal, Edmonton, Ottawa and Vancouver. Park’N Fly have been bought by Li’s Cheung Kong Infrastructure and Cheung Kong Group for HK$2.8 billion. 

Photo: Wikimedia Commons




BECOME A COCO+ MEMBER

Support local news and join a community of like-minded
“Coconauts” across Southeast Asia and Hong Kong.

Join Now
Coconuts TV
Our latest and greatest original videos
Subscribe on