HONG KONG, 1 November 2017 – The Entertainment Corporation Limited (“TECL”) announced today, the commencement of its three-year tenancy as the new operator of the Hong Kong Observation Wheel site and confirmed the new ticket price per ride at HK$20 each. TECL have also named AIA Group (“AIA”), the largest independent publicly listed pan-Asian life insurance group, through its subsidiary, as the exclusive Principal Sponsor of the Hong Kong Observation Wheel and its ancillary facilities. The Wheel will now be known as “The Hong Kong Observation Wheel Presented by AIA” and will be enhanced by an adjoining, newly created AIA Vitality Park, resulting in a unique destination for visitors to the Central Harbour Front.
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