China Merchants Holdings Pacific

[Nick]

The Company risk profile will change after this M&A deals reaches completion. There are substantial debt exceeding HK$10 billion, loss-making toll roads, potential slowdown in the Chinese economy. A far cry from the HK$1 billion net cash company when I first invested.

(Vested)

I am not sure on the debt level. Based on my source, the total debt (ST + LT debts), up to 2Q15, was about 0.65 billion HK$. How to arrive at a total debt of exceeding 10 billion HK$, after the acquisition, and with the right issue proceeds?

(vested)

http://www.cmhp.com.sg/resources/ck/file...281%29.pdf - pg 5

Total Debt exceeds HK$4 billion (exclude dividend payable to Easton) as of 2Q 15.