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Yougawalla Pastoral Company sells Kimberley cattle stations to Hong Kong billionaireWritten on the 1 November 2017 The Kimberley's Yougawalla Pastoral Company, has found a new owner Hong Kong billionaire Hui Wing Mau.The total investment has not been disclosed, but is believed to be worth $70 million. Mr Hui is the founder of Hong Kong property developer Shimao Group, with projects in Asia and Australia.And now one of China's biggest property developers has expanded his interests in the Kimberley cattle industry. The deal covers 800 hectares of land across Yougawalla station, Bulka Station and Margaret River Station, and includes 45,000 head of cattle. Source: ABC Kimberley |
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