Pacific Aegis Capital Management (“PACM”) purchases a HKD 371 Million non-performing loan from a Hong Kong financial institution secured by an en-bloc residential building located in Kowloon, Hong Kong.
PACM has acquired a HKD 371 million non-performing loan from a local Hong Kong financial institution. The loan is secured by an en-bloc residential building located in Kowloon, Hong Kong currently owned by a Chinese property developer listed on the Hong Kong Stock Exchange.
