4 stories mentioning HKG:2007Updated 21d ago
Every FINWIRES story that references HKG:2007, newest first.
Country Garden (HKG:2007) recorded attributable contracted sales of around 2.63 billion yuan in May, according to a Wednesday filing with the Hong Kong bourse.The property firm's gross floor area stood at approximately 330,000 square meters for the month.
Country Garden (HKG:2007) engaged in negotiations with relevant organizations to seek settlements after reporting a net increase of about 1.9 billion yuan in defaulted debt within its consolidated group as of April 30, according to a Friday Hong Kong bourse filing.The increase included defaults arising from overdue principal or interest payments, litigation, non-performance, and cross-default triggers, the company said.Country Garden was newly involved in 11 litigation and arbitration cases with disputed amounts exceeding 50 million yuan each, totaling about 1.5 billion yuan, as of April 30.The developer also recorded three new enforcement actions totaling 1 million yuan during the period.
Country Garden Holdings (HKG:2007) recorded attributable contracted sales of 2.5 billion yuan in April.The property developer's attributable gross floor area stood at approximately 340,000 square meters in the month, according to a Thursday Hong Kong bourse filing.
Country Garden (HKG:2007) completed the issuance of 219.4 million shares under a general mandate to settle outstanding loans and fees, according to a Tuesday Hong Kong bourse filing.Shares of the property developer were up nearly 2% in Wednesday morning trade.The shares were issued at HK$0.32 each to members of an ad hoc group of creditors under work fee arrangements.The company said no cash proceeds were raised as the shares were issued to offset existing liabilities.
