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MEDIA CENTRE
Emperor International Holdings Limited (“Emperor International” or the “Group”) (Stock code: 163) is pleased to announce the successful conclusion of a club loan amounting to HK$2,420 million (the “Club Loan”) with 11 prime international and local banks.
Mr. Alex Yeung, Vice Chairman and Executive Director of Emperor International, said, “All the participating banks of the Club Loan are renowned financial institutions, which reflects their full confidence towards the outlook and creditworthiness of Emperor International. I would like to express my gratitude for their substantial supports. Under the current market conditions, the Club Loan provides the Group with abundant liquidity, ensuring financing flexibility for future business development. Emperor International is currently on track to launch its quality residential projects, including No. 15 Shouson Hill, Seaside Castle, SouthSky and Central 8. We have already established a pipeline for the second half of this year, and have planned to roll out two new residential development projects located at No. 1 Wang Tak Street, Happy Valley and No. 28 Bonham road, Mid-Levels West, respectively. The Group will continue enhancing its competitive strengths, in order to strive for stable and promising returns, and achieve mutually beneficial objectives.”
Bank of Communications (Hong Kong) Limited, The Bank of East Asia, Limited and The Hongkong and Shanghai Banking Corporation Limited jointly coordinated the Club Loan facility. Other participating banks include: Bank of China Limited, Macau Branch, Luso International Banking Limited, Cathay United Bank Company, Limited, Hong Kong Branch, OCBC Bank (Hong Kong) Limited, China Construction Bank (Asia) Corporation Limited, Chong Hing Bank Limited, Hang Seng Bank Limited, as well as Bank SinoPac, acting through its Hong Kong Branch.
