Defense-Technology News: DTN News - BREAKING NEWS: Hong Kong Businessman Bids For U.K.'s Aircraft Carrier 'Invincible

DTN News - BREAKING NEWS: Hong Kong Businessman Bids For U.K.'s Aircraft Carrier 'Invincible'

Source: DTN News - - K. V. Seth

(NSI News Source Info) HONG KONG- January 7, 2011: A wealthy Hong Kong businessman who operates a chain of Chinese restaurants in the U.K. has submitted a bid to purchase the decommissioned British aircraft carrier HMS Invincible, with plans to tow the vessel to China and convert it into an international school, according a report Friday in the English-language South China Morning Post.

HMS Invincible returns to Britain in 1982

UK-based Chinese businessman, Lam Kin-bong, has bid £5m for the decommissioned aircraft carrier HMS Invincible, pictured returning to the UK in 1982. Photograph: Rex Features

Lam Kin-bong, 48, has bid 5 million pounds ($7.7 million) for the craft, which played a role in the British war against Argentina over the Falkland Islands in 1982, the report said. Lam said his plans for the 30-year-old vessel, which is being sold via online auction by Britain's Ministry of Defense, include berthing the stripped out hulk in Zhuhai where it will be converted into a school to promote cultural ties between China and the U.K., according to the report.