Summit Sail Limited
Huarong Intl (0993) lends HK$800m to controller of China Goldjoy (1282) secured on 28.44% stake
Company announcement, 8-Nov-2017
The Borrower, Tinmark Development Ltd, is owned by Mr Yao Jianhui, who must be the "Personal Guarantor". He is the Chairman and controlling shareholder of China Goldjoy. In October, Tinmark pledged 1.9bn shares (8.57%) to Huarong Investment (2277). Both the Huarongs are subsidiaries of China Huarong Asset Management (2799).
Company announcement, 8-Nov-2017
The Borrower, Tinmark Development Ltd, is owned by Mr Yao Jianhui, who must be the "Personal Guarantor". He is the Chairman and controlling shareholder of China Goldjoy. In October, Tinmark pledged 1.9bn shares (8.57%) to Huarong Investment (2277). Both the Huarongs are subsidiaries of China Huarong Asset Management (2799).
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