Property News · December 1, 2023

Evergrande creditor group backs the Chinese developer’s efforts to keep onshore unit operational, opposes bankruptcy process


An ad hoc group of creditors of Evergrande’s offshore unit has said it supports the management’s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order

Source : South China Morning Post
Read more…Evergrande creditor group backs the Chinese developer’s efforts to keep onshore unit operational, opposes bankruptcy process

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