Property News · January 29, 2024

Evergrande ordered to liquidate as Hong Kong High Court approves creditors’ bid to wind up world’s most indebted property developer


The lawsuit was initiated in June 2022 by Lin Ho-man’s Top Shine Global, which was trying to recover HK$862.5 million (US$110.4 million) from a botched investment in Evergrande made in March 2021.

Source : South China Morning Post
Read more…Evergrande ordered to liquidate as Hong Kong High Court approves creditors’ bid to wind up world’s most indebted property developer