Tender amounts submitted for site in Yuen Long

     The Lands Department announced today (April 10) that in respect of the tender for the site Lot No. 5382 in Demarcation District No. 116 at Tai Kei Leng, Yuen Long, New Territories, which was awarded on March 13 to the successful tenderer, Gold Fusion Limited (parent company: Lai Sun Development Company Limited), on a 50-year land grant at a premium of $209,800,000, the tender amounts submitted by the unsuccessful tenderers in descending order are published on an anonymous basis as follows:

(1) $122,200,000
(2) $108,000,000
(3) $23,608,035

     The information disclosed in this press release is for information only.