Ablaze Rich Investments Limited 耀豐投資有限公司
CSHS (0412) lends HK$200m to someone
| Disclosure of interest
Company announcement, 22-Mar-2018
The 6-month loan is at 16% p.a.. Part of the security is shares in a listed company held by a BVI company that is 51% owned by the borrower, a businessman. A disclosure of interest reveals that on the same date, CSHS obtained a security interest of 70m shares (7.56%) of Great Harvest Maeta (3683). So the borrower is almost certainly Mr Yan Kim Po, who owns 51% of Ablaze Rich Investments Ltd (his wife owns the other 49%), which owns 69.3% of Great Harvest Maeta.
Company announcement, 22-Mar-2018
The 6-month loan is at 16% p.a.. Part of the security is shares in a listed company held by a BVI company that is 51% owned by the borrower, a businessman. A disclosure of interest reveals that on the same date, CSHS obtained a security interest of 70m shares (7.56%) of Great Harvest Maeta (3683). So the borrower is almost certainly Mr Yan Kim Po, who owns 51% of Ablaze Rich Investments Ltd (his wife owns the other 49%), which owns 69.3% of Great Harvest Maeta.
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