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BRIEF-Logan Property and KWG provide loan to JV company
March 22, 2017 / 10:53 PM / 9 months ago

BRIEF-Logan Property and KWG provide loan to JV company

March 23 (Reuters) - Logan Property Holdings Co Ltd :

* Company and KWG provided Logan loan and KWG loan to JV company, respectively

* JV company will apply loan proceeds for part payment of land premium for site

* Co provided a loan in amount of HK$4.69 billion to JV company and KWG provided a loan in amount of HK$4.69 billion to JV co

* Project company will finance payment of balance of land premium in amount of HK$16.83 billion by way of a bank loan Source text for Eikon: Further company coverage:

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