By Aaditya GovindRao and Clare Jim (Reuters) -Chinese property developer Country Garden said on Friday it had reached an ...

(Reuters) -Chinese property developer Country Garden said on Friday it had reached an agreement with creditors holding nearly ...

China’s Country Garden Holdings Co. reported a narrower loss in 2024 as the defaulted property giant seeks to build creditor support for its debt restructuring plan. The loss attributable to ...

The loans are the core basis of a winding-up petition the group lodged against Country Garden in February 2024.

HONG KONG: China’s former biggest builder Country Garden Holdings Co has joined the ranks of once-strong developers that are deferring millions of dollars in payments, underscoring the sector ...

SHANGHAI: The billionaire owner of Country Garden Holdings Co is selling a stake in a unit to raise about US$650mil (RM2.86bil) amid a flurry of share sales by cash-strapped Chinese developers.

The agreement, though reached one month later than expected, would be useful for Country Garden to show the restructuring progress in its defence against the petition. Its shares jumped as much as ...

(Reuters) - Chinese property developer Country Garden said on Friday it had reached an agreement with creditors holding ...

BENGALURU | HONG KONG: Chinese property developer Country Garden said on Friday it had reached an agreement with a key bondholder group and was close to finalising negotiations with a group of bank ...