{"id":109244,"date":"2019-07-23T09:45:49","date_gmt":"2019-07-23T02:45:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-future-land-puts-40-projects-up-for-sale-after-former-chair-wang-zhenhua-charged-with-child-sex-abuse\/"},"modified":"2019-07-23T10:04:45","modified_gmt":"2019-07-23T03:04:45","slug":"chinese-builder-future-land-puts-40-projects-up-for-sale-after-former-chair-wang-zhenhua-charged-with-child-sex-abuse","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-future-land-puts-40-projects-up-for-sale-after-former-chair-wang-zhenhua-charged-with-child-sex-abuse\/","title":{"rendered":"Chinese builder Future Land puts 40 projects up for sale after former chair Wang Zhenhua charged with child sex abuse"},"content":{"rendered":"<p>&#013;<br \/>\nChinese builder Future Land Development Holdings is selling 40 projects, just three weeks after it was engulfed in scandal when its former chairman was detained on suspicion of sexually assaulting a nine-year-old girl.In a statement filed to the Hong Kong stock exchange on Tuesday morning, the company said its Shanghai-listed subsidiary Seazen Holdings is in negotiations with partners to sell its stakes in about 40 projects in China.They will be sold at below market rate to various small and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3019688\/chinese-builder-future-land-puts-40-projects-sale-after-former\" target=\"_blank\">Chinese builder Future Land puts 40 projects up for sale after former chair Wang Zhenhua charged with child sex abuse<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese builder Future Land Development Holdings is selling 40 projects, just three weeks after it&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109244","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sq0","jetpack-related-posts":[{"id":112678,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-land-whose-chairman-wang-zhenhua-was-charged-with-child-sex-abuse-rolls-out-new-strategy-to-boost-shopping-mall-business\/","url_meta":{"origin":109244,"position":0},"title":"Future Land, whose chairman Wang Zhenhua was charged with child sex abuse, rolls out new strategy to boost shopping mall business","date":"November 27, 2019","format":false,"excerpt":"\r Future Land Development Holdings, the Chinese developer which lost billions of dollars in market value after its former chairman was arrested for allegedly molesting a nine-year-old girl, has rolled out new strategies to boost its shopping centre business.Seazen Holdings, the company\u2019s Shanghai-listed subsidiary, said on Wednesday it will upgrade\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-land-reports-property-sales-gain-in-june-company-chairman-and-property-tycoon-wang-zhenhua-under-investigation\/","url_meta":{"origin":109244,"position":1},"title":"Future Land reports property sales gain in June; company chairman and property tycoon Wang Zhenhua under investigation","date":"July 8, 2019","format":false,"excerpt":"\r Future Land Development \u00adHoldings, the mainland developer which lost tens of billions in market capitalisation last week after its former chairman was arrested, reported a 19 per cent rise in \u00adcontracted sales in June from the previous month, according to a stock market filing on Sunday.Contracted sales for the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-lands-shares-make-their-biggest-one-day-plunge-since-2012-hong-kong-ipo-wiping-out-us1-9-billion-after-founders-arrest\/","url_meta":{"origin":109244,"position":2},"title":"Future Land\u2019s shares make their biggest one-day plunge since 2012 Hong Kong IPO, wiping out US$1.9 billion after founder\u2019s arrest","date":"July 3, 2019","format":false,"excerpt":"\r Shares of Future Land Development Holdings Limited, a Shanghai-based property developer, plunged by the most since their 2012 listing in Hong Kong after the company\u2019s founder and chairman Wang Zhenhua was detained by Chinese police over a child molestation charge.The stock plummeted by 23.9 per cent in the last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-future-land-posts-2-3-per-cent-rise-in-core-earnings\/","url_meta":{"origin":109244,"position":3},"title":"Chinese developer Future Land posts 2.3 per cent rise in core earnings","date":"February 5, 2016","format":false,"excerpt":"\r Future Land Development, whose chairman and controlling shareholder Wang Zhenhua has been under investigation on the mainland, said its core earnings before property revaluation gains amounted to 723.8 million yuan last year.\r \r Source : South China Morning Post\r Read more...Chinese developer Future Land posts 2.3 per cent rise\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/future-land-shares-soar-to-near-record-in-hong-kong-on-founders-plan-to-take-developer-private\/","url_meta":{"origin":109244,"position":4},"title":"Future Land shares soar to near record in Hong Kong on founder\u2019s plan to take developer private","date":"July 19, 2017","format":false,"excerpt":"\r Shares of Future Land Development jumped almost 14 per cent to an 11-day intraday high in Hong Kong, after the developer unveiled plans to take its business private. Future Land\u2019s shares soared to a record intraday high of HK$3.20 in Hong Kong when trading resumed after a seven-day halt,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-bender-has-led-to-long-tough-hangover-economist-mao-zhenhua\/","url_meta":{"origin":109244,"position":5},"title":"China\u2019s property bender has led to long, tough hangover: economist Mao Zhenhua","date":"August 5, 2024","format":false,"excerpt":"\r Chinese economist Mao Zhenhua, who was among the first to spot weaknesses in the country\u2019s real estate sector, says the era of large-scale construction which fuelled the property crisis has ended.\r \r Source : South China Morning Post\r Read more...China\u2019s property bender has led to long, tough hangover: economist\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109244"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109244"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109244\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}