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China Touyun Tech (1332) subsidiary Era Bright Ltd lent HK$50m to Osman Bin Kitchell
Company announcement, 29-Apr-2020
The 1-year loan began on 20-Sep-2019, so this is late disclosure. It bore interest at 10% p.a. and was guaranteed by an unnamed company but was repaid in Jan-2020. Osman bin Kitchell, described only as "a merchant", is and was the Acting Chairman of Imagi (0585). Both companies are in what we call the "Chung Nam Network".
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