China Real Estate Giant Country Garden announced that the company will consider whether to apply to the Hong Kong Higher Court to recognize shares transfer to the Hong Kong High Court in combination with its overseas reorganization.
Country Garden Monday (March 4) In the evening, a creditors had responded to the company to make a response to the company, and said that the company would notify shareholders and investors to decide at appropriate time and issue further announcements.
Country Garden announced on the Hong Kong Stock Exchange on February 28. The company learned that Ever Credit Limited submitted to the Hong Kong Higher Court on February 27, 2024, involving a capital of approximately HK $ 1.6 billion (About 275 million yuan) Undurable loans and interest should be paid.
The announcement stated that, given the influence of Article 182 of the company's liquidation regulations, the board of directors of Country Garden reminds the company's shareholders and potential investors that if the company finally liquidates due to the invitation, it is onThe company's shares transfers will be invalid.
According to the announcement, the submissions of the invitation do not mean that the invitation can successfully liquidate the Country Garden.The Hong Kong High Court has set the first hearing date for the invitation to May 17, 2024.
Announcement stated that Country Garden will seek legal measures to resolutely oppose the invitation and say that the invitation will not have a substantial impact on the company's reorganization plan or timetable.The company will consult the legal opinions and take all the necessary actions to protect its legitimate rights, try their best to maintain active communication with the invitation person. Under the principle of fairness to all the creditors, they will be friendly to the invitatione, and strive to promote the invitation to be withdrawn or dismiss as soon as possible.
According to the official WeChat public account of Country Garden, the company held a March management meeting on Monday.The meeting revealed that as of March 3, 2024, Country Garden Group had included 217 projects in the financing "whitelist", and the number increased significantly, and the projects were approved by bank loans.
Data show that in 2023, Country Garden has delivered over 600,000 houses with a total of 71.62 million square meters, which involves 249 cities in 31 provinces in China.first place.According to the plan, Country Garden is expected to pay over 480,000 units in 2024.It is reported that Country Garden is currently being resumed in many places such as Guangdong, Shandong, Hubei, Shaanxi, Guangxi and other places.
