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Country Garden to Make CNY3.07 Bln Disposal to Aid Debt Restructuring

By Ben Otto Chinese property giant Country Garden will sell a stake in a commercial center operator for about US$428 million, using the proceeds to help.

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Country Garden to Make Disposal to Aid Debt Restructuring

Chinese property giant Country Garden will sell a stake in a commercial center operator for about $428 million, using the proceeds to help restructure…

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Country Garden's unit sells stake in commercial centre business for US$428 million

:Beleaguered Chinese property developer Country Garden said on Thursday its unit Gold Ease Global agreed to sell its 1.79per cent stake in Zhuhai Wanda Commercial Management Group for 3.07 billion yuan (US$428.02 million).The stake sale comes amid financial constraints that multiple property developers in Chi

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