Property News · December 4, 2023

Hong Kong court adjourns Evergrande’s winding-up hearing until January 29, giving world’s most indebted developer another reprieve


Evergrande proposed a new restructuring plan to swap creditors’ debts for 30 per cent stakes in its Hong Kong-listed subsidiaries and a 17.8 per cent stake, according to Reuters’ report on November 30.

Source : South China Morning Post
Read more…Hong Kong court adjourns Evergrande’s winding-up hearing until January 29, giving world’s most indebted developer another reprieve