Sea Holdings Group (0251) on the HK stock exchange.
A 97% owned subsidiary, Asian Growth Properties Limited:
Results for the six months ended 30th June, 2009.
Balance sheet:
From the Notes:
16. AMOUNTS DUE FROM/TO A MINORITY SHAREHOLDER
The amounts are unsecured, interest free and repayable on demand.
USD$2m for a shareholder, Chairman's mistress? Got to pay it back if she strays. Nice work if you can get it.
Much better terms than any private bank.
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