Aussies are banding together in an audacious bid to reclaim national ownership of a breathtakingly beautiful piece of coastal farmland that a Chinese billionaire has put on the market.
Shimao Group: Under the proposal, Shimao intends to restructure all of its debt, amounting to around $11.7 billion in offshore notes, bonds and other credit facilities.
Hui Wing Mau was once one of the world’s biggest property developers, with a strong interest in Australian agriculture. But after splashing out on a massive landholding, things did not go smoothly.
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