Total sales at Circle K rose 7 per cent year on year in the first half of 2020 to HK$2.36 billion. Photo: Getty Images
Li & Fung unit to sell 340 Hong Kong Circle K stores to Canadian convenience store giant ACT for US$361 million
- Quebec-based ACT founded the Circle K brand in 1951, and it was brought to Hong Kong by Li & Fung in 1985
- Net gains from the sale will be delivered as a special cash dividend of HK$3.85 per share, Convenience Retail Asia says
Total sales at Circle K rose 7 per cent year on year in the first half of 2020 to HK$2.36 billion. Photo: Getty Images
