China Evergrande sticks to restructuring plan target of before end of July

The Star Business LogoThe Star Business1 mo ago

China Evergrande sticks to restructuring plan target of before end of July

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HK late on Monday said it will announce its preliminary restructuring plan before the end of next month, sticking to its original deadline even as the world's most indebted property developer struggles to emerge from its financial crisis.

Shares of all the three entities are under suspension, and will remain so until further notice, they said.FBM KLCI pulls back 1.

HK, issued similar releases separately.

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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Property Restructuring China /Business/Business News Plan ASEAN Evergrande

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-20, 23:43:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 255 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 1373

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website:

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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