In this article
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.
Organisations
- AMTD Group Inc. 尚乘集團有限公司
- AMTD Strategic Capital Group 尚乘策略資本集團
- Bank of Qingdao Co., Ltd. 青島銀行股份有限公司
- Guangzhou Rural Commercial Bank Co., Ltd. 廣州農村商業銀行股份有限公司
- L.R. Capital Financial Holdings Limited
- L.R. Capital Holdings Limited
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy