Fortune Ark Restructuring

New Business

Hong Kong developer Grand Ming avoids risking default by obtaining waivers from lenders

“The group has successfully obtained waivers from all lenders in respect of the breach,” the company said on Monday. “Accordingly,…

Read More »
New Business

Smaller Hong Kong developers face defaults amid mounting debts, analysts warn

Hong Kong developer Emperor International Holdings’ inability to repay HK$16.6 billion (US$2.1 billion) in loans highlights a growing debt crisis…

Read More »
Back to top button