L.R. Capital Holdings Limited

AMTD Holdings Ltd borrows 301.8m (17.12%) H-shares of Bank of Qingdao (3866) and pledges them to Guangzhou Rural Commercial Bank (1551)Pledgee filing
Disclosure of interest, 18-Sep-2017
The share-lender is a 100% subsidiary of AMTD Strategic Capital Group, which is indirectly 79.13% owned by AMTD Group Co Ltd, which is 71.03% owned by L.R. Capital Financial Holdings Ltd, which is 65.1% owned by AMT Holdings Ltd. 3 months earlier, AMTD Global Markets Ltd (then named AMTD Asset Management Ltd, a subsidiary of AMTD Group Co Ltd) was Financial Adviser in the IPO of GRC Bank. (Note: we believe AMTD Holdings Ltd was renamed L.R. Capital Holdings Ltd in 2018). At the market price of HK$6.33, the pledged shares are worth about HK$1.91bn.

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top