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China Railway Logistics (HK:8089) buys promissory note in Chinese Global (SGX:5CJ) from PME Investments (BVI) Co., Ltd.

Company announcement, 3-May-2012

This promissory note was part of the consideration when Chinese Global bought a stake in PME Group Ltd (HK:0379). With only 37 days to maturity, there is a substantial discount of 15.26% on the note, assuming that it is repaid.

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