The liquidation of the China Real Estate Giant Evergrande Group is requested to hear again until January 29 next year.
Comprehensive Luya Club and Sing Tao Daily reported that because the creditors did not ask for a liquidation immediately, Chen Jingfen, a judge of the Hong Kong High Court, approved on Monday (December 4).The news is postponed until January 29, 2024.
For Evergrande's revised version of the debt restructuring plan earlier, judge Chen Jingfen pointed out that the new plan has no important details and flows one -sided, and he is worried that the creditors will sign this plan within five weeks. Evergrande saidWill try their best to fight for the support of creditors.
The liquidator of Top Shine Global Limited (SAMOA) Limited Limited Limited as a creditor, in June 2022, submitted a liquidation to China Evergrande Group.The lawsuit has been dragged for nearly 18 months after many times.
Evergrande, which was about US $ 327 billion (about S $ 447.6 billion), was originally scheduled to face a liquidation in October. Later, due to time adjustment and discussing the amendment to the debt restructuring plan, Hong Kong judges will hear the hearing betrayalFrom December 4th, and admitted that this was Evergrande's "last opportunity".If Evergrande fails to submit a plan, it is likely to give a liquidation and become the largest real estate developer in Hong Kong's history.
