The court declared Holland Norway Lines bankrupt on Monday. The ferry service to Kristiansand, Norway, has been shut down, bankruptcy administrator Hans Silvius confirmed to RTV Noord. Last week, the ferry company reported that it had run into financial problems after leaving the Eemshaven, filing for a deferment of payment on Wednesday. Until April, the…
Country Garden’s deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($536 million) boosted shares in the developer on Monday and gave China’s crisis-ridden property sector some much-needed respite. Country Garden shares ended 14.6% higher on Monday after having jumped as much as 19% to their highest level since Aug.…
By Xie Yu and Carolina Mandl HONG KONG/NEW YORK (Reuters) -Country Garden’s deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($536 million) boosted shares in the developer on Monday and gave China’s crisis-ridden property sector some much-needed respite. Country Garden shares ended 14.6% higher on Monday after having jumped…
In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT People pass by the Country Garden Community in Fuyang, China on Sept. 3, 2023. Future Publishing | Future Publishing | Getty Images Country Garden has won approval from its creditors to extend payments for an onshore private bond, according to sources and a document seen by Reuters, in…
Sep 4, 2023 6.39pm Rich Lister Tony Denny says demands that his business pay eight-figure sums to fix unsubstantiated defects in an apartment building on the NSW Central Coast were the reasons behind the decision to put two companies associated with the project into liquidation. Central Construct, the building company that completed Vue a development…
HONG KONG/BEJING (Reuters) — Country Garden has won approval from its creditors to extend payments for an onshore private bond, according to sources and a document seen by Reuters, in a major relief for the embattled Chinese developer as well as the crisis-hit property sector. Country Garden was seeking approval from its creditors to extend the…
Reuters. FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo By Xie Yu and Carolina Mandl HONG KONG/NEW YORK (Reuters) -Country Garden’s deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537…
HONG KONG/NEW YORK, Sept 4 (Reuters) – Country Garden’s (2007.HK) deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) boosted shares in the developer on Monday and gave China’s crisis-ridden property sector some much-needed respite. Shares in Country Garden jumped as much as 19% to their highest level…
This article first appeared in The Edge Malaysia Weekly on September 4, 2023 – September 10, 2023 In May this year, SMRT Holdings Bhd underwent a restructuring to carve out its education business and become a pure provider of Internet of Things (IoT) solutions. But it took a big hit in its books for disposing…
Credit: Dede/Adobe Stock; In recent years, employees have been increasingly reevaluating what they value in an employer, with many prioritizing working for a company that cares about their financial well-being and one that can equip them with the tools, resources and education to help them understand and manage their debt. Employers who provide their employees…