M city condos 5 price list. The prospect of Canadian real estate market is good? Li Ka-shing, the former Chinese richest man, is competing with two Canadian local investors for the site of the aircraft maker Bombardier’s Downsview plant in North York, Toronto.Please Visit: M city condos 5 price list to Get Your VVIP Registration Today!
Yes, but the change of identity does not mean that his “business sense” has changed! Li Ka-shing, now a senior consultant of the company, has taken a fancy to Bombardier’s “fertile land”. Can he let it slip away from his hands for nothing?
The site covers a total area of 371ha and is currently valued at C $153.16 million, but its proximity to the Toronto subway and nearby costco supermarkets and shopping center (shopping malls) have attracted many buyers, including Li Ka-shing Asset Holdings (CK Asset Holdings Ltd.), Toronto developers Great Gulf and Dream Unlimited Corp. The joint company, and PSP Investment, which is based in Montreal and dominates the federal public service pension plan. Avro Bourdeau Aerospace, a start-up aircraft manufacturing company that had earlier offered C $800m, did not participate in the bid. According to sources, there have been more than 700 million Canadian dollars (about 3.5 billion yuan) bids. The bidding will close at the end of this month.
As a legendary Chinese tycoon, Li Ka-shing, known as “Li Superman”, has been applauded for his superhuman business acumen and courage: from a big foray into the Chinese mainland market in the 1990s to investing billions of pounds in the UK in recent years. covering water and power supply, transport, communications, retail and other industries. And every time he takes a shot, he can always get a head start and always make a lot of money.
Canada? It’s not the first time! More than 40 years ago, Li Ka-shing began his layout in Canada, involving industries including infrastructure, energy and finance.
In 1981, it spent more than HK $600 million to acquire the Hilton Hotel in Toronto and Vancouver. In the same year, it invested HK $3.2 billion in a prime site of the Vancouver World Expo site for residential development.
In 1988, Li Ka-shing joined hands with Zheng Yutong, chairman of New World Development, a well-known wealthy businessman in Hong Kong, and Li Chaoji, chairman of Henderson Industry, to establish the Canadian Concord Pacific Company.
In 1989, Li Ka-shing, through Hutchison Group, which he controls, bought a 52 per cent stake in Canada’s Husky Energy for $300m, brokered by Canada’s Imperial Commercial Bank CIBC. It has to be mentioned that the gas stations of energy companies are all over BC, and the gas stations should occupy a good position! Husky Energy has brought huge returns to Li Ka-shing over the past 30 years, so it is regarded as one of Li Ka-shing’s most successful acquisitions.
In 2010, it invested in Kobo, a Canadian e-book network. In terms of growth rate, Kobo may challenge the position of American e-book giant Amazon in the future. By the way, Li Ka-shing invested more than HK $900 million in FaceBook; in 2007 and made his first investment in Kobo’s fund-raising event in December 2009, with three other investors, including IndigoBooks&Music of Canada, Borders Group of the United States and REDGroupRetail, with a stake of US $26 million.
In June 2016, it invested US $60 million in NexGen, which owns Canada’s largest uranium mine (raw materials for atomic bombs and nuclear power plants). Leigh Curyer, chief executive of NexGen, expects the mine to start production in early 2020, when the old uranium mines in Namibia and Australia will be closed. The growth of nuclear facilities in Asia and the Middle East will strain the supply of uranium and have great potential for appreciation.
In December 2016, Li Ka-shing spent C $347.6 million to acquire Park’N Fly, a parking service outside Canada’s airport.
In April 2017, Li Ka-shing bought Reliance Home Comfort, a well-known Canadian heater and air conditioning supplier, for C $2.82 billion.
In addition, Li Ka-shing also invested in Canadian Stanley Power Inc. The company. The company has a 49.99% stake in TransAlta Cogeneration and operates six power plants in Ontario, Ontario and sa provinces in Canada, with a total generating capacity of 1362 megawatts.
And Li Ka-shing is one of the important shareholders of CIBC, the Canadian Imperial Commercial Bank.
The rest of the investment includes Canadian Power Holdings Ltd,Wex Pharmaceuticals, Sant é Naturelle AG. These are the most influential energy companies in Canada.
It is said that Li Ka-shing’s total investment in Canada has exceeded C $30 billion!
No wonder Prime Minister Trudo Trudo first met with Li Ka-shing during his visit to Hong Kong last year, and then met with the then Chief Executive of Hong Kong, Leung Chun-ying. It turned out that Li Ka-shing had become indispensable in the Canadian economy and society.