AUD Loan definition
AUD Loan a loan in the principal amount of AU$105,000,000 (equivalent to approximately HK$556,773,000) advanced by ▇▇▇▇▇ HK to ▇▇▇▇▇ Australia RE which is payable on demand and remains outstanding as at the date of this announcement “Australia Projects the receivables in the aggregate amount of AU$105,000,000 Receivables” (equivalent to approximately HK$556,773,000) due to ▇▇▇▇▇ Australia RE owing to Group’s disposal of the Australia Property Projects “Australia Property Projects” the rights and interests in the real estate development project located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Circular Quay, Sydney Australia and ▇▇-▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, details of which are disclosed in the Company’s announcement dated 29 January 2018 “Australia SPA” the master agreement dated 18 January 2019 entered into by ▇▇▇▇▇ Australia RE, AWH Investment Group Pty Ltd and ▇▇▇▇▇ Australia Commercial Properties Pty Ltd. relating to the disposal of the Australia Property Projects, details of which are disclosed in the Company’s announcement dated 29 January 2018 “AU$” Australian dollar, the lawful currency of Australia