Evergrande's Onshore Unit Administrator Requests Creditor Info Ahead of Meeting

Reported about 2 months ago

The administrator of Evergrande's onshore unit, Guangzhou Kailong Real Estate, has requested creditors to submit details regarding their debts ahead of a creditor meeting scheduled for November 14. This follows a court ruling that placed Kailong under bankruptcy and liquidation proceedings due to an investment dispute, and comes after Hong Kong courts ordered the parent company, China Evergrande Group, to be liquidated for unresolved offshore debts.

Source: YAHOO

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