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Allied Group (0373), Allied Props (0056), SHK (0086): extension of loan | CWT announcement
Company announcement, 19-Jul-2019
This again fails to name the borrower, which we have previously identified as CWT (0521), part of HNA Group. Even worse, they fail to disclose that the borrower has defaulted on the original loan facility, as CWT announced on 16-Apr-2019. The total loan amount is increased by 17.14% by each lender, covering the accumulated interest, and an additional unnamed "Lender F" is introduced, raising the loan facility to HK$1640m.
Organisations
- ALLIED GROUP LIMITED (HK) 聯合集團有限公司
- ALLIED PROPERTIES (H.K.) LIMITED 聯合地產(香港)有限公司
- APAC Resources Limited 亞太資源有限公司
- CWT International Limited
- HNA Group Company Limited (CN) 海航集團有限公司
- SUN HUNG KAI & CO. LIMITED 新鴻基有限公司
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