BEIJING: Six executives of China's heavily indebted Evergrande had redeemed some of the company's investment products in advance earlier this year, the property group said on Saturday .
"Regarding the early redemption of Evergrande wealth investment products by some managers, the group company views the matter seriously," the company said. Evergrande, with more than US$300 billion in liabilities, is in the throes of a liquidity crisis that has left it racing to raise funds to pay its many lenders and suppliers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Evergrande says six execs redeemed investment products in advanceBEIJING : Six executives of China's heavily indebted Evergrande had redeemed some of the company's investment products in advance earlier this year, the property group said on Saturday. Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a sta
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Evergrande says six executives redeemed investment products in advanceBEIJING: Six executives of China\u0027s heavily indebted Evergrande had redeemed some of the company\u0027s investment products in advance earlier this year, the property group said on Saturday (Sep 17). Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Horse racing-Jockey De La Sayette gets six-month ban for cocaine useTeenage jockey Benoit de la Sayette has been banned for six months after testing positive for cocaine earlier this year, the British Horseracing Authority (BHA) said.The 18-year-old, who won the Lincoln Handicap at Doncaster in March on Haqeeqy for Newmarket trainer John Gosden, will be allowed to return
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Cambodia begins covid jabs for kids as young as sixCambodia on Friday began inoculating children as young as six against coronavirus, even though the World Health Organisation has yet to approve a vaccine for the under-12s.
Source: YahooSG - 🏆 3. / 71 Read more »
Brazil renews protection of little-seen Amazon tribe for six monthsBRASILIA: The only two known male members of the Piripkura tribe in Brazil live in isolation on ancestral lands the size of Luxembourg in the Amazon rainforest, resisting decades of invasion by loggers and cattle ranchers. Brazil\u0027s indigenous affairs agency Funai renewed a protection order on Friday (Sep 1
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Evergrande says six executives redeemed investment products in advanceBEIJING: Six executives of China\u0027s heavily indebted Evergrande had redeemed some of the company\u0027s investment products in advance earlier this year, the property group said on Saturday (Sep 17). Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »