Willis Trading, Subsidiary of Alpha Professional Holdings, Faces Loan Repayment Challenge

Reuters

2025/05/15

Willis Trading, Subsidiary of Alpha Professional Holdings, Faces Loan Repayment Challenge

Willis Trading Limited, a wholly-owned subsidiary of Alpha Professional Holdings Ltd, has defaulted on a loan of HK$60,000,000 originally due for repayment on June 16, 2025. The loan was granted by AP Diamond Limited and was secured by a mortgage on an investment property held by GA Australia Investment Pty Ltd, another subsidiary under Willis Trading. Despite the default, the board of Alpha Professional Holdings has indicated that the operations of its other subsidiaries will remain unaffected. The fair value of the investment property was estimated at AUD8,200,000 as of September 30, 2024. Shareholders and potential investors have been advised to exercise caution when dealing with the company's shares, and further updates will be provided as developments occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpha Professional Holdings Ltd published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.

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The loan was granted by AP Diamond Limited and was secured by a mortgage on an investment property held by GA Australia Investment Pty Ltd, another subsidiary under Willis Trading. Despite the default, the board of Alpha Professional Holdings has indicated that the operations of its other subsidiaries will remain unaffected. The fair value of the investment property was estimated at AUD8,200,000 as of September 30, 2024. Shareholders and potential investors have been advised to exercise caution when dealing with the company's shares, and further updates will be provided as developments occur.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpha Professional Holdings Ltd published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00948","symbol_name":"阿尔法企业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL1DQ3VP:1","article_id":"2535514844","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535514844","pubTimestamp":1747310371,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Willis Trading Limited, a wholly-owned subsidiary of Alpha Professional Holdings Ltd, has defaulted on a loan of HK$60,000,000 originally due for repayment on June 16, 2025. 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Despite the default, the board of Alpha Professional Holdings has indicated that the operations of its other subsidiaries will remain unaffected. The fair value of the investment property was estimated at AUD8,200,000 as of September 30, 2024. Shareholders and potential investors have been advised to exercise caution when dealing with the company's shares, and further updates will be provided as developments occur.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpha Professional Holdings Ltd published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}