{"id":80611,"date":"2018-02-21T18:00:00","date_gmt":"2018-02-21T11:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-hna-group-pledges-41pc-stake-in-hong-kong-listed-unit-as-collateral-for-loan\/"},"modified":"2018-02-21T19:03:00","modified_gmt":"2018-02-21T12:03:00","slug":"debt-stricken-hna-group-pledges-41pc-stake-in-hong-kong-listed-unit-as-collateral-for-loan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-hna-group-pledges-41pc-stake-in-hong-kong-listed-unit-as-collateral-for-loan\/","title":{"rendered":"Debt-stricken HNA Group pledges 41pc stake in Hong Kong-listed unit as collateral for loan"},"content":{"rendered":"<p>&#013;<br \/>\nDebt-laden mainland conglomerate HNA Group has pledged 40.98 per cent of its stake in its Hong Kong-listed Hong Kong International Construction Investment Management Group (HKICIM) to PAG Holdings as security for a loan, according to the company\u2019s disclosure to the Hong Kong stock exchange on Wednesday.<\/p>\n<p>The move comes amid fundraising efforts by the group to pay down debt, including the sale of two plots of land in Hong Kong to Henderson Land Development last week.<\/p>\n<p>The company did&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2134131\/debt-stricken-hna-group-pledges-41pc-stake-hong-kong-listed\" target=\"_blank\">Debt-stricken HNA Group pledges 41pc stake in Hong Kong-listed unit as collateral for loan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Debt-laden mainland conglomerate HNA Group has pledged 40.98 per cent of its stake in its&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-80611","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kYb","jetpack-related-posts":[{"id":37102,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-holdings-controlling-shareholder-pledges-56-1pc-stake-in-firm-as-security-for-bank-loan\/","url_meta":{"origin":80611,"position":0},"title":"HNA Holding\u2019s controlling shareholder pledges 56.1pc stake in firm as security for bank loan","date":"December 5, 2016","format":false,"excerpt":"\r Shares in HNA Holding Group, the Chinese conglomerate, plunged nearly 6.5 per cent on Monday after its Hong Kong-listed controlling shareholder pledged 56.11 per cent of its stake in the firm as security for a loan \u2013 a month after the group paid a jaw-dropping HK$8.84 billion for its\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102844,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-hna-group-sued-for-hk8-3-million-in-costs-relating-to-surrender-of-hong-kong-office-space\/","url_meta":{"origin":80611,"position":1},"title":"Debt-saddled HNA Group sued for HK$8.3 million in costs relating to surrender of Hong Kong office space","date":"January 10, 2019","format":false,"excerpt":"\r Embattled HNA Group is being sued by its office landlord in Hong Kong\u2019s main business district over a debt of about HK$$8.3 million (US$1.06 million), according to a writ filed with the city\u2019s High Court. The unpaid money is the costs allegedly incurred by HNA when it surrendered five\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-luxury-flat-in-hong-kong-up-for-sale-over-debt-laden-chinese-conglomerates-inability-to-repay-loan\/","url_meta":{"origin":80611,"position":2},"title":"HNA\u2019s luxury flat in Hong Kong up for sale over debt-laden Chinese conglomerate\u2019s inability to repay loan","date":"August 19, 2021","format":false,"excerpt":"\r A 4,600 sq ft luxury penthouse in Hong Kong, which was previously owned by the debt-laden mainland Chinese conglomerate HNA Group, has been put up for sale by creditors.The fully furnished four-bedroom flat is on the 45th floor of 39 Conduit Road, Mid-Levels, one of the most prestigious addresses\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93459,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-conglomerate-hna-groups-hong-kong-property-unit-to-return-hk800-million-to-shareholders\/","url_meta":{"origin":80611,"position":3},"title":"Embattled Chinese conglomerate HNA Group\u2019s Hong Kong property unit to return HK$800 million to shareholders","date":"July 6, 2018","format":false,"excerpt":"\r A subsidiary of embattled Chinese conglomerate HNA Group, Hong Kong International Construction Investment Management Group, said it expected to return at least HK$800 million (US$102 million) to shareholders after selling assets including land at a residential property site in Hong Kong. In a filing to the Hong Kong exchange,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-to-buy-hong-kong-land-site-from-hna-unit-for-811m\/","url_meta":{"origin":80611,"position":4},"title":"Wheelock to buy Hong Kong land site from HNA unit for $811m","date":"March 9, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Wheelock to buy Hong Kong land site from HNA unit for 1m","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hna-will-sell-its-last-kai-tak-parcel-to-wheelock-for-hk7-44-billion\/","url_meta":{"origin":80611,"position":5},"title":"Exclusive: HNA will sell its last Kai Tak parcel to Wheelock for HK$7.44 billion","date":"February 1, 2019","format":false,"excerpt":"\r HNA Group will sell its last plot of development land at Hong Kong\u2019s former Kai Tak airport site to Hong Kong developer Wheelock & Co, as the one-time high-flying Chinese conglomerate rushes to sell assets to repay debts. The listed unit of the Hainan-based company, Hong Kong International Construction\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/80611"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=80611"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/80611\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=80611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=80611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=80611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}