Shun Tak Subsidiary, Ace Promise Investments, Supports Joint Venture with Financial Assistance
Shun Tak Holdings Limited has announced its decision to provide financial assistance through its indirect wholly-owned subsidiary, Ace Promise Investments Limited (APIL). APIL, a company incorporated in the British Virgin Islands, is set to extend support to Ne xtor Holdings Limited (JVC), a joint venture held equally between APIL and a JV Partner. This move is part of Shun Tak Holdings Limited's broader strategy to bolster its joint venture's operations. The financial assistance aims to enhance the business prospects of the JVC Group, which includes the Borrower, Taipa Living Limited, a company incorporated in Macau.
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