Evergrande delays publishing annual results over ‘drastic change’ in prospects

Belgique Nouvelles Nouvelles

Evergrande delays publishing annual results over ‘drastic change’ in prospects
Belgique Dernières Nouvelles,Belgique Actualités
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Chinese property giant will reveal how it will restructure its $300bn debt by July, amid confusion about how banks seized $2bn from one its divisions

The seizure of the funds, which the property services unit discovered when it was preparing its annual report, underscores the turmoil at Evergrande, which said it would hire King & Wood Mallesons as an additional legal adviser.

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Guardian news /  🏆 28. in UK

Belgique Dernières Nouvelles, Belgique Actualités

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