PME Investments (BVI) Co., Ltd.
China Railway Logistics (HK:8089) buys promissory note in Chinese Global (SGX:5CJ) from PME Investments (BVI) Co., Ltd.
Company announcement, 3-May-2012
This promissory note was part of the consideration when Chinese Global bought a stake in PME Group Ltd (HK:0379). With only 37 days to maturity, there is a substantial discount of 15.26% on the note, assuming that it is repaid.
Company announcement, 3-May-2012
This promissory note was part of the consideration when Chinese Global bought a stake in PME Group Ltd (HK:0379). With only 37 days to maturity, there is a substantial discount of 15.26% on the note, assuming that it is repaid.
Chinese Global (SGX:5CJ) buys 7.3% of PME (HK:0379) from PME Investments (BVI) Co., Ltd.
Company announcement, 28-Jul-2011
The consideration includes a promissory note "in the sum of" S$4,771,430 (HK$30,680,415). Completion occurred on 7-Dec-2011. On 30-Apr-2012 this note was sold to China Railway Logistics Ltd (HK:8089) which said that the principal amount was HK$30,680,415 (not in Singapore dollars).
Company announcement, 28-Jul-2011
The consideration includes a promissory note "in the sum of" S$4,771,430 (HK$30,680,415). Completion occurred on 7-Dec-2011. On 30-Apr-2012 this note was sold to China Railway Logistics Ltd (HK:8089) which said that the principal amount was HK$30,680,415 (not in Singapore dollars).
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