Central Grand Limited Welcomes the Government’s Award of a Five-Year Tenancy for the Central Harbourfront Event Space Committed to Creating a World-Class Cultural and Entertainment Landmark

Central Grand Limited (“the Company”) welcomes the Government’s award of a five-year tenancy for the Central Harbourfront Event Space (the “Event Space”). The Company is a joint venture company equally owned by Henderson Land Development Company Limited (“Henderson Land”) (Stock Code: 12) and YW Company Limited (“Yiu Wing”). By combining Henderson Land’s extensive expertise in spatial planning and architectural design with Yiu Wing’s proven capabilities in event planning and operational management, the Company aims to transform the Event Space into a vibrant, world-class cultural and entertainment landmark, further reinforcing Hong Kong’s position as the “Mega Events Capital.”

Over the next five years, the Company plans to host a wide array of activities and internationally acclaimed events, contributing to the mega-event economy and enhancing the overall visitor experience. Yiu Wing currently manages AXA Wonderland in the West Kowloon Cultural District and AXA Dreamland at Go Park Sai Sha. The award of the new tenancy to the Company will facilitate event planning from an integrated Victoria Harbour waterfront perspective, creating greater synergies and showcasing the distinctive appeal of both sides of Victoria Harbour. The Company will establish a robust vetting process, requiring event organisers to submit detailed operational and execution plans for review and assessment to ensure that all events meet the required standards.

To optimise the use of valuable harbourfront resources and site space, the Company will open the entire public space on days when no commercial events are taking place. Flexible venue layouts will be implemented to ensure that non-event areas remain accessible to the public even during commercial activities. In addition, the Event Space will regularly provide food and beverage facilities, as well as complimentary leisure amenities, offering visitors a more comprehensive and inclusive harbourfront experience.