Dalian Wanda Group Chairman Pledges Stake in Hotel Division for Temasek Loan

Posted on 01/19/2023

Billionaire Wang Jianlin is the Chairman of Dalian Wanda Group Co., Ltd. Wang Jianlin pledged his entire 65.04% stake in the Chinese conglomerate’s hotel division as collateral to secure a loan for another Wanda subsidiary from Temasek Holdings. Temasek extended a loan to Wanda Culture Holding Company Limited after Wang put up the more than…

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