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Blue River (0498) grants HK$150m loan facility to Green River Associates Ltd

Company announcement, 7-Dec-2022

Can a Cyan River be far away? The announcement reveals that CST (0985) now owns 17.35% of Green River. It was formerly 100% owned by Planetree (0613) which in 2020 sold 60% (now 49.59%) to Alice Yu Man Fung. At the time, Planetree stated that Ms Yu and Karen Lo Ki Yan, controlling shareholder of Planetree, "have known each other for many years". The announcement also reveals that GRA owns 32% of SHOG Creation Ltd, which owns 19.89% of Oshidori (0622). We can add that 55% of that entity is held by Paul Suen Cho Hung, although it was last known as "Seekers Creation Ltd".

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