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China: Kaisa Group tells court creditors will get less than 5% back if liquidated, ET RealEstate

Kaisa Group: Broad Peak Investment filed a winding-up petition against Kaisa in July in the Hong Kong High Court in relation to non-payment of onshore bonds worth 170 million yuan ($23.28 million).

Hong kongLinda chanJames woodHong kong high courtKaisa groupChina evergrande groupStruggling chinesePeak investmentShenzhen based kaisaBroad peakChina evergrandeBroad peak investmentHong kong high court

China developer Kaisa says creditors will get less than 5% back if liquidated

China developer Kaisa says creditors will get less than 5% back if liquidated
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Hong kongLinda chanJames woodHong kong high courtChina evergrande groupKaisa groupPeak investmentChina evergrandeShenzhen based kaisaBroad peak

China developer Kaisa tells court creditors will get less than 5% back if liquidated

Struggling Chinese property developer Kaisa Group said creditors would get less than 5% of their money back if it is forced into liquidation, a lawyer for one creditor who is suing the company told a.

Hong kongKim coghillJames woodClare jimLinda chanHong kong high courtChina evergrande groupKaisa groupPeak investmentShenzhen based kaisaBroad peakChina evergrande

China property crisis: troubled Kaisa tells court creditors will get less than 5% of their money back if it is liquidated

The debt-stricken property developer has said it is ‘cashflow insolvent’ and that its creditors will get less than 5 per cent of their money back if it is forced into liquidation, a court heard.

Hong kongLinda chanHong kong high courtChina real estate information corporationPeak investmentShenzhen based kaisaBroad peak

Exclusive-Kaisa delays offshore debt revamp talks on uncertain sector outlook -sources

Kaisa Group has delayed talks with offshore creditors on debt restructuring terms as the executive now leading the negotiations at the Chinese developer prefers to wait for uncertainty in the. | November 19, 2022

Clare jimSumeet chatterjeeKen suenClarence fernandezChina evergrande groupShenzhen based kaisaKaisa group holdings ltd stock exchangePress releaseN 1638 kyg521321003