[ET Net News Agency, 14 May 2020] Asia Standard Hotel Group Limited (00292) said its
indirect wholly-owned subsidiary, between 11 and 13 May, acquired notes of the notional
amount of US$22.3 million on the open market at US$20.14 million (equivalent to HK$156.09
million).
The notes were issued by China Evergrande Group (03333) and are due in 2023, carrying an
interest rate of 12% per annum.
Asia Standard Hotel said the acquisitions form part of the investing activities. (KL)