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…
