Property News · May 30, 2022

Chinese developer Fantasia might face liquidation after wind-up petition in Cayman Islands over outstanding loan of US$149 million


Shenzhen-based Fantasia said in a filing to the Hong Kong stock exchange on Monday that the wind-up petition was filed by Flower SPV 4 Limited at the Grant Court of the Cayman Islands on May 26.

Source : South China Morning Post
Read more…Chinese developer Fantasia might face liquidation after wind-up petition in Cayman Islands over outstanding loan of US9 million