HongKong

Revealed: Texwinca’s executive holds the record as owner of the world’s priciest parking space with US$1.53 million outlay



A top executive of a Hong Kong-listed apparel company has been revealed as the buyer of a parking spot at the exclusive Mount Nicholson development on The Peak, which set a world record last month at HK$11.9 million (US$1.53 million) each.Poon Ho-tak, executive director of Texwinca Holdings, bought three parking bays for HK$11.9 million each, paying a total of HK$35.7 million, according to Land Registry documents. He owns two adjoining flats with a combined area of 8,812 square feet (818 square…



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