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Major Evergrande creditor group to seek liquidation if no new debt plan soon: ReportSYDNEY: A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it doesn't submit a new debt revamp plan by next month, two sources familiar with the matter said. The creditor group holds a large portion of Evergrande of
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Major Evergrande creditor group to seek liquidation if no new debt plan soon: SourcesSYDNEY: A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it doesn't submit a new debt revamp plan by next month, two sources familiar with the matter said. The creditor group holds a large portion of Evergrande of
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Pressure piles on China Evergrande with chairman Hui Ka Yan under police surveillanceThe company's shares rose nearly 4 per cent in early trading on Wednesday (Sep 27) after their sharp recent declines.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China Evergrande's billionaire boss Hui Ka Yan goes from power circles to police surveillanceHONG KONG: Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on Jul 1, 2021, a beaming Hui Ka Yan showed no signs that his company, China Evergrande Group, was facing mounting pressure paying its debts. Hui, wearing a navy blue suit and open-neck shirt, looked
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Shares of China Evergrande suspended as chairman under police watchHONG KONG : Trading in shares of China Evergrande were suspended on Thursday after a report that its chairman had been placed under police surveillance, stoking concerns over the developer's future as it struggles with a growing threat of liquidation. The stock last closed at HK$0.32. (Re
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Shares of China Evergrande suspended as chairman under police watchHONG KONG: Trading in shares of China Evergrande were suspended on Thursday (Sep 28) after a report its chairman had been placed under police surveillance, intensifying conce
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »