	bond defers rights issue mulls project partners bond corp international ltd a subsidiary of the australian based bond corp holdings ltd bona s said it would defer its planned rights issue but still wants the issue to be made before july no date has been set for the issue announced in january in a document to shareholders bond corp said the delay follows its receipt of a mln h k dlr loan from its parent company to meet the first payment on the newly uired bond centre commercial complex in central hong kong it also wants outside partners to take up to pct in the project the company said the january announcement said the rights issue would finance bond corp s billion dlr uisition of a pct stake in hk tvb ltd tvbh hk from film magnate run run shaw the company then reached an agreement with a consortium led by sino land co ltd sino hk to buy a commercial complex that is still under construction for billion dlrs bond international said in the document that except for the mln dlr loan the deal would be financed from internal resources and by selling an interest in the building the payments must be completed by the end of bond international has also sold several residential buildings in hong kong s mid levels district for a total of mln dlrs the statement said the flats were among the properties it bought last year from hongkong land co ltd hkld hk for billion dlrs analysts said bond international is heavily geared as it has relied on bank borrowings to purchase both the hongkong land properties and the hk tvb shares bond international also said in the document that while it plans to sell an interest in the complex it will hold the hk tvb shares as a long term investment reuter 
