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China Evergrande asks Hong Kong property agents to sell more flats at Emerald Bay if they want the commission it already owes them


Debt-stricken China Evergrande Group is asking sales agents to sell even more flats at one of its Hong Kong projects so it can afford to pay them the commission it owes them for units they previously sold.The Shenzhen-based developer is offering to pay the outstanding commission fees owed on two flats for every additional unit of similar value that agents manage to shift at its Emerald Bay project in Tuen Mun, according to notes from a meeting seen by the South China Morning Post.Evergrande has…

Source : South China Morning Post
Read more…China Evergrande asks Hong Kong property agents to sell more flats at Emerald Bay if they want the commission it already owes them

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