In this article

Oshidori (0622) 2019 annual report

Company filing, 24-Apr-2020

This reveals that in the second half of 2019, the group received 37,878,594 shares of Satinu Resources Group Ltd from "a third party borrower" in settlement of a debt of HK$244.047m, resulting in a loss of $109.55m. This rounds up Oshidori's holding to exactly 145,000,000 shares. So it is likely that the borrower owns more. Update: on 12-Aug-2020, Oshidori began selling its Satinu shares to High Rhine Ltd (100% owned by Co-Lead Holdings Ltd) and revealed that the borrower was High Rhine Ltd.

Organisations


Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top