{"id":118823,"date":"2020-10-06T18:15:12","date_gmt":"2020-10-06T11:15:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-strapped-developer-goldins-creditors-say-it-cant-sell-kowloon-headquarters\/"},"modified":"2020-10-06T19:04:18","modified_gmt":"2020-10-06T12:04:18","slug":"cash-strapped-developer-goldins-creditors-say-it-cant-sell-kowloon-headquarters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-strapped-developer-goldins-creditors-say-it-cant-sell-kowloon-headquarters\/","title":{"rendered":"Cash-strapped developer Goldin\u2019s creditors say it can\u2019t sell Kowloon headquarters"},"content":{"rendered":"


\nThe creditors of cash-strapped property developer Goldin Financial Holdings said it has no right to sell its Kowloon Bay headquarters, escalating a dispute over the 28-storey building\u2019s ownership.Cosimo Borrelli and Ma Siu Ming of specialist restructuring, insolvency and forensic accounting firm Borrelli Walsh, have been appointed receivers and managers of Goldin Financial Global Centre, the building in question, by Goldin\u2019s creditors. They said in a statement late on Monday that Goldin did not\u2026
\n
\nSource : South China Morning Post
\nRead more…Cash-strapped developer Goldin\u2019s creditors say it can\u2019t sell Kowloon headquarters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The creditors of cash-strapped property developer Goldin Financial Holdings said it has no right to...<\/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-118823","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-uUv","jetpack-related-posts":[{"id":118755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-pan-sutong-controlled-goldin-loses-control-of-crown-jewel-as-creditors-put-kowloon-headquarters-on-the-market\/","url_meta":{"origin":118823,"position":0},"title":"Billionaire Pan Sutong-controlled Goldin loses control of crown jewel as creditors put Kowloon headquarters on the market","date":"September 28, 2020","format":false,"excerpt":"\r Cash-strapped Hong Kong developer Goldin Financial Holdings is about to lose one of its crown jewels \u2013 its corporate headquarters in Kowloon Bay \u2013 after creditors put the property up for sale by tender.Receivers and managers of the asset have engaged Knight Frank as the sole agent to seek\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119053,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pan-sutong-controlled-goldin-financial-loses-control-over-flagship-tower-as-court-rules-in-favour-of-creditors\/","url_meta":{"origin":118823,"position":1},"title":"Pan Sutong-controlled Goldin Financial loses control over flagship tower as court rules in favour of creditors","date":"October 29, 2020","format":false,"excerpt":"\r The drama surrounding the ownership and sale of Goldin Financial Global Centre, a 28-storey building and headquarters of cash-strapped Goldin Financial Holdings, came to an end on Thursday, after a court ruled in favour of the developer\u2019s creditors.The Goldin unit Smart Edge and Goldin Financial Global Centre are under\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-distressed-developer-loses-us58-million-in-12-days-in-u-turn-on-kai-tak-land-deal-amid-scramble-with-hostile-creditors\/","url_meta":{"origin":118823,"position":2},"title":"Hong Kong distressed developer loses US$58 million in 12 days in U-turn on Kai Tak land deal amid scramble with hostile creditors","date":"July 29, 2020","format":false,"excerpt":"\r Cash-strapped Hong Kong developer Goldin Financial Holdings said it had found a new buyer for its waterfront residential plot in Kai Tak, less than two weeks after agreeing to sell the property to an offshore buyer. The change of mind comes with an immediate loss of HK$450 million (US$58\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cash-strapped-developer-goldin-seeks-to-raise-another-hk8-7-billion-in-loans-and-sell-kai-tak-site-to-pay-piling-debts\/","url_meta":{"origin":118823,"position":3},"title":"Cash-strapped developer Goldin seeks to raise another HK$8.7 billion in loans and sell Kai Tak site to pay piling debts","date":"July 16, 2020","format":false,"excerpt":"\r Goldin Financial Holdings, which staged a spectacular U-turn in 2018 from buying Hong Kong\u2019s most expensive waterfront land, said it is actively looking for capital to repay a growing pile of debt, as its stock lost nearly 70 per cent in value since October.The company, controlled by billionaire Pan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":118823,"position":4},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldins-guangzhou-towers-fail-to-sell-at-auction-for-the-second-time-this-month-even-with-a-36-per-cent-discount\/","url_meta":{"origin":118823,"position":5},"title":"Goldin\u2019s Guangzhou towers fail to sell at auction for the second time this month, even with a 36 per cent discount","date":"December 28, 2022","format":false,"excerpt":"\r The flop was the second setback this month for Goldin, which first put the Matsunichi Communications headquarters site on the auction block on December 8 at the starting price of 2.05 billion yuan.\r \r Source : South China Morning Post\r Read more...Goldin\u2019s Guangzhou towers fail to sell at auction\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118823"}],"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=118823"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}