Skip to content

Asia Pacific Energy and Infrastructure Investment Group Ltd

Shareholder vote on Panda Green debt repayment plan delayed

The indebted Chinese developer has put back plans to set a date for its huge shares issue scheme by three weeks. The company needs to raise HK$1 billion that is due for repayment by May but needs stock holders to agree to significantly dilute their stakes.

Panda Green – shareholder’s daughter appointed non-exec director

Economics graduate Xie Yi is the daughter of shareholder He Bing, whose BVI-registered Asia Pacific Energy and Infrastructure Investment Group Ltd are preparing to acquire a 6.49% stake in the enlarged business, on top of He’s existing holding.

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

With a $3bn debt pile, gearing of 73.1% and $127m due for repayment in around three months’ time, the directors of the former United PV Group want shareholders to dilute their investment by issuing shares worth more than 40% of an enlarged company, with a chunk of the proceeds coming from public funds.


This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.