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R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities


Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.

Source : South China Morning Post
Read more…R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US billion in liabilities

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