Lantern Hotel Group caught up in van Eyk demise
Pubs owner Lantern Hotel Group lent money in a related party transaction to a company whose directors are embroiled in the controversial collapse of financial services firm van Eyk.
Pubs owner Lantern Hotel Group lent money in a related party transaction to a company whose directors are embroiled in the controversial collapse of financial services firm van Eyk.
Lantern lent an entity $500,000 and sold the loan at a loss of $240,150 to Torchlight Fund LP, a limited partnership domiciled in the Cayman Islands. The borrower is a New Zealand entity associated with Torchlight Fund LP called Portfolio Management Holding, according to its annual report released this week.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Companies
Fetching latest articles