(Reuters) -A Hong Kong court ordered the liquidation of China Evergrande Group on Monday. Evergrande is the world s most indebted real estate developer and .
HONG KONG: Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.
Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.Judge Linda Chan on Monday adjourned the case until January 29, a reprieve after earlier saying December 4 would be Evergrande's deadline before appointing independent liquidators from accounting firm KPMG.
Chan urged Evergrande on Monday to have "more direct discussion with relevant authorities to
Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.