Tag: Shimao
Industry under pressure in China: real estate giant Shimao cannot pay interest on loans
Industry under pressure in China Real estate giant Shimao can’t pay interest on loans 7/4/2022 9:53 am With the construction of numerous condominiums, hotels and office buildings, Shimao is one…
Shares of Chinese developer Shimao rise nearly 5% after further asset disposals
The disposals come after Shimao put its assets worth 77 billion yuan ($12.11 billion) up for sale to raise funds to repay its debts, and it sold two other assets…
SHIMAO GROUP TO HOLD CREDITOR MEETINGS ON JAN 17 TO VOTE ON PAYMENT EXTENSION PROPOSALS FOR TWO ABS PRODUCTS – DOCUMENTS
SHIMAO GROUP TO HOLD CREDITOR MEETINGS ON JAN 17 TO VOTE ON PAYMENT EXTENSION PROPOSALS FOR TWO ABS PRODUCTS – DOCUMENTS Zonebourse with Reuters 2022 All the news on SHIMAO…
Chinese promoter Shimao holds creditors meetings to vote on extension of ABS payment – documents
Chinese real estate developer Shimao Group Holdings will hold meetings with investors in two asset-backed securities (ABS) on Jan. 17, to vote on proposals for extension of payments, according to…