Legco pulls no punches over Ocean Park plea for lifeline - News Summed Up

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Legco pulls no punches over Ocean Park plea for lifeline


Lawmakers, including Regina Ip, say they are worried about injecting money into Ocean Park as its chairman, Leo Kung, and Edward Yau, right, present the repositioning plan. However, when New People's Party lawmaker Regina Ip Lau Suk-yee moved the motion to vote for "whether the panel will support the park's repositioning plan," it passed 7-5. Secretary for Commerce and Economic Development Edward Yau Tang-wah said many people agree Ocean Park is "Hongkongers' park" and it is now time for repositioning. Chairman Leo Kung Lin-cheng said the park is an important asset, but is strapped for cash and needs government funding. He revealed the park has HK$400 million in cash - enough to maintain its operation until the end of the year.


Source: The Standard January 20, 2020 19:07 UTC



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