Property News · October 6, 2020

Cash-strapped developer Goldin’s creditors say it can’t sell Kowloon headquarters


The creditors of cash-strapped property developer Goldin Financial Holdings said it has no right to sell its Kowloon Bay headquarters, escalating a dispute over the 28-storey building’s ownership.Cosimo Borrelli and Ma Siu Ming of specialist restructuring, insolvency and forensic accounting firm Borrelli Walsh, have been appointed receivers and managers of Goldin Financial Global Centre, the building in question, by Goldin’s creditors. They said in a statement late on Monday that Goldin did not…

Source : South China Morning Post
Read more…Cash-strapped developer Goldin’s creditors say it can’t sell Kowloon headquarters