State-owned lenders will stump up cash to bail out developer Panda Green

pv-magazine 2019年1月21日

摘要:With the Chinese government having ordered state-owned lenders to back its drive for subsidy-free so...

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torepayorrefinancetheloanandindebtednesswhentheyfalldue.”Underthetermsofthecompany’sproposedturnaroundplan / withthedirectlystate-ownednatureofthecommitmentevidentinthefactthatitistheonlyoneoffivesubscriberstotheschemenottocommittoasetnumberofsharepurchasesattheagreedHK$0.3/shareprice.Ifittakesitsmaximumshareoption / withbothorganizationsalreadysubstantialshareholdersinPandaGreen.TheotherCMNEGnomineeistheShenzhenCityGuoxieFirstEquityInvestmentFund / thepublicentitywouldholdaround7.57%oftheenlargedcompany.PopularcontentThebailoutfundisoneoftwoentitiesnominatedforthesharespurchasebytheBritishVirginIslands(BVI / 309newshares 查看更多

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State-owned lenders will stump up cash to bail out developer Panda Green