3Novices:Everything you need to know about Hong Kong leader CY Leung’s HK$50 million UGL deal

What is UGL? What does it have to do with Leung Chun-ying?
UGL is an Australian company that took over DTZ, a real estate services firm, in 2011. Leung was a DTZ board member.
In October 2014, right after Occupy Central broke out, the Australian media revealed a deal between Leung and UGL in relation to the takeover, sending shock waves across Hong Kong.
Under the agreement signed in December 2011, Leung would receive a total of HK$50 million in 2012 and 2013. Even though the deal was signed…
May 19, 2017 at 08:52AM
#3Novices #News #OnlineMedia #China 3Novices China


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