Country Garden liquidation hearing adjourned to January next year,...
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HONG KONG, July 29 (Reuters) vccvault.com - Buy Google Play Developer Account A Hong Kong court on Monday adjourned a hearing into a petition seeking liquidation of Country Garden until Jan. 20, 2025, giving a breather to the embattled Chinese developer who is trying to finalise an offshore debt revamp plan.
A Hong Kong firm filed a petition against Country Garden in February for non-payment of a $205 million loan. The developer defaulted on its $11 billion worth of offshore bonds last year. (Reporting by Clare Jim and Xie Yu; Editing by Sumeet Chatterjee and Christian Schmollinger)
A Hong Kong firm filed a petition against Country Garden in February for non-payment of a $205 million loan. The developer defaulted on its $11 billion worth of offshore bonds last year. (Reporting by Clare Jim and Xie Yu; Editing by Sumeet Chatterjee and Christian Schmollinger)
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