China Ppt Inv (HKG:0736) offers $7M loan, interest rate 20%


China Properties Investment Holdings (HKG:0736) announced that it has agreed to lend to an independent third-party a term loan in the principal amount of HK$7 million repayable on 8 November 2012.

The loan, bearing an interest rate of 20% per annum, will be funded by internal resources of the group.

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