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 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
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

Topic |   Hong Kong economy
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 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
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
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