HONG KONG: China Evergrande Group on Monday said it has been granted an adjournment of a court hearing into a liquidation petition to Jan. 29, giving the embattled property developer time to finalise a revamped debt restructuring proposal.
China's Evergrande Group has been granted an adjournment until Jan. 29 for a court hearing on a liquidation petition, allowing the developer more time to finalize a debt plan.
SHANGHAI/SINGAPORE/HONG KONG (Reuters) — China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property
China Evergrande Group offshore bondholders are concerned that it is close to defaulting on debt payments and want more information and transparency from the cash-strapped property developer, their advisers said.