Property News · July 9, 2024

Unit of Chinese developer R&F Properties faces winding-up petition from Singapore fund


A winding-up petition filed against Trillion Glory by a private-equity fund owned by Singapore’s investment fund Temasek Holdings is based on unpaid debt of about US$614 million, a Hong Kong exchange filing says.

Source : South China Morning Post
Read more…Unit of Chinese developer R&F Properties faces winding-up petition from Singapore fund