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SHK & Co (0086) lends HK$700m to an unnamed company...
Company announcement, 22-Dec-2014
But we can tell you that the borrower is almost certainly FDG Electric Vehicles (0729) which is currently making an offer for CIAM (0378). Allied Properties (0056), which owns 70% of SHK, gets a HK$14m "referral fee". The loan rate of 1.5% per month is 19.6% APR.
Organisations
- ALLIED PROPERTIES (H.K.) LIMITED 聯合地產(香港)有限公司
- FDG Electric Vehicles Limited 五龍電動車(集團)有限公司
- FDG Kinetic Limited 五龍動力有限公司
- SUN HUNG KAI & CO. LIMITED 新鴻基有限公司
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