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Notes to Fina - 星島新聞集團

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ncial Statements<br />

<br />

<br />

20. INTERESTS IN JOINTLY-CONTROLLED ENTITIES<br />

(continued)<br />

20. <br />

Except for an amount of HK$3,300,000 due from a<br />

jointly-controlled entity which bears interest at 5% per<br />

annum, the balances due from jointly-controlled<br />

entities are interest-free, unsecured and have no fixed<br />

terms of repayments.<br />

3,300,000<br />

5<br />

<br />

<br />

The Group’s trade payable balance due <strong>to</strong> a jointlycontrolled<br />

entity is disclosed in note 27 <strong>to</strong> the financial<br />

statements.<br />

<br />

27<br />

The balance due <strong>to</strong> a jointly-controlled entity was<br />

unsecured, interest-free and was repaid during the year.<br />

<br />

<br />

Global China Group Holdings Limited Annual Report 2002<br />

111

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