Chinese developer Evergrande's unit ordered to pay out US$1.1 billion - CNA

7/31/2022 12:00:00 AM2 years 9 months ago

HONG KONG: Struggling developer China Evergrande Group said on Sunday (Jul 31) that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, had been ordered to pay a guarantor 7.3 billion yuan (US$1.08 billion) for failing to honour its debt obligations…

HONG KONG: Struggling developer China Evergrande Group said on Sunday (Jul 31) that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, had been ordered to pay a guarantor 7.3 billion yuan … [+930 chars]

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