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Merdeka (8163) lends GBP500k to Matthew Ho Tak Pong's BVI co at 15% p.a.

Company announcement, 23-Dec-2020

Our research indicates that the "UK Bank" is Oaknorth Bank Plc and the "Second Borrower" acquiring the debt from the bank is Everland Opportunities V Ltd (BVI). The Existing Borrower is Pacalis (SDV) Ltd. The Land is an undeveloped site East of Harrier Way, Petersfield designated for assisted living development.

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