{"id":121105,"date":"2021-07-27T14:31:50","date_gmt":"2021-07-27T07:31:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-reneges-on-special-dividend-two-weeks-after-pledging-it-in-a-surprise-u-turn-that-sends-shares-bonds-crashing\/"},"modified":"2021-07-27T16:03:23","modified_gmt":"2021-07-27T09:03:23","slug":"evergrande-reneges-on-special-dividend-two-weeks-after-pledging-it-in-a-surprise-u-turn-that-sends-shares-bonds-crashing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-reneges-on-special-dividend-two-weeks-after-pledging-it-in-a-surprise-u-turn-that-sends-shares-bonds-crashing\/","title":{"rendered":"Evergrande reneges on special dividend two weeks after pledging it, in a surprise U-turn that sends shares, bonds crashing"},"content":{"rendered":"


\nChina Evergrande Group, the country\u2019s biggest home builder and the world\u2019s most indebted developer, unexpectedly scrapped a special dividend two weeks after announcing it, in a corporate U-turn that spooked investors about its financial standing.Evergrande\u2019s board decided to forego the special payout announced on July 15, according to a surprise filing on Tuesday to the Hong Kong stock exchange, citing \u201cthe current market environment, the rights of the shareholders and creditors, and the long\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande reneges on special dividend two weeks after pledging it, in a surprise U-turn that sends shares, bonds crashing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group, the country\u2019s biggest home builder and the world\u2019s most indebted developer, unexpectedly...<\/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-121105","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-vvj","jetpack-related-posts":[{"id":120886,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-debt-laden-evergrande-surge-as-developer-teases-dividend\/","url_meta":{"origin":121105,"position":0},"title":"Shares in debt-laden Evergrande surge as developer teases dividend","date":"July 16, 2021","format":false,"excerpt":"\r China\u2019s former richest man still faces huge challenge to meet Beijing\u2019s curbs on leverage\r \r Source : ft.com\r Read more...Shares in debt-laden Evergrande surge as developer teases dividend","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-third-wealthiest-man-is-set-to-become-us2-billion-richer-thanks-to-the-record-dividend-payout-at-his-property-company\/","url_meta":{"origin":121105,"position":1},"title":"China\u2019s third-wealthiest man is set to become US$2 billion richer, thanks to the record dividend payout at his property company","date":"December 9, 2019","format":false,"excerpt":"\r China\u2019s third-richest man is set to get a US$2 billion cash windfall.Hui Ka-yan, chairman of China Evergrande Group, will pocket the money after the property developer and electric-car wannabe declared a record dividend for fiscal 2018.The board proposed a 1.42 yuan per-share payout for the year ended December 31,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-china-property-giant-evergrande-suspended-pending-major-transaction\/","url_meta":{"origin":121105,"position":2},"title":"Shares in China property giant Evergrande suspended pending \u2018major transaction\u2019","date":"October 4, 2021","format":false,"excerpt":"\r Trading halt sends markets Asian stocks falling amid speculation the debt-laden group will sell off its property management arm Trading in shares of debt-laden China Evergrande was suspended by the Hong Kong exchange on Monday after the enormous Chinese developer missed a key bond interest payment last week, its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-credit-risks-warning-for-investors-numbed-by-false-alarms\/","url_meta":{"origin":121105,"position":3},"title":"China Evergrande\/credit risks: warning for investors numbed by false alarms","date":"July 19, 2021","format":false,"excerpt":"\r Warning signals for the real estate group\u2019s bonds and shares have occurred regularly\r \r Source : ft.com\r Read more...China Evergrande\/credit risks: warning for investors numbed by false alarms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-deadline-sends-chills-through-400bn-asian-debt-market\/","url_meta":{"origin":121105,"position":4},"title":"Evergrande deadline sends chills through $400bn Asian debt market","date":"September 23, 2021","format":false,"excerpt":"\r Corporate dollar bonds hit as crisis at sprawling Chinese property developer escalates\r \r Source : ft.com\r Read more...Evergrande deadline sends chills through 0bn Asian debt market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-to-buy-property-projects-off-its-ev-unit-to-sweeten-us19-billion-debt-restructuring-plan\/","url_meta":{"origin":121105,"position":5},"title":"Evergrande to buy property projects off its EV unit to sweeten US$19 billion debt restructuring plan","date":"April 25, 2023","format":false,"excerpt":"\r Evergrande seeks better stock market valuation for its electric car segment by improved focus and specialisation amid the group\u2019s proposal to swap its deeply distressed offshore bonds for shares of some of its affiliates, such as Evergrande NEV.\r \r Source : South China Morning Post\r Read more...Evergrande to buy\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\/121105"}],"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=121105"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121105\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}