Pacific Plywood (HKG:0767) Lends $50M, Int Rate 12% pa

   Date:2012-01-09

Pacific Plywood (HKG:0767) has agreed to provide a loan of HK$50 million to the borrower at an interest rate of 12% per annum.

Convertible notes have been pledged in favour of the lender as security for the performance of the borrower's obligations under the loan agreement.



 

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