China Real Estate Evergrande Group issued an announcement on the Hong Kong Stock Exchange on Friday (July 15) in the evening that it has been withdrawn or was removed from the company's liquidation (or liquidation order, if.)Human appointment (whether or not it is temporary).
According to interface news reports, Evergrande Group announced that the company is taking appropriate measures to comply with the re -trading guidance and related listing rules.For the latest development of the company's resumption of trading, the company will make further announcements in a timely manner.
The announcement also stated that the company's subsidiary company, Evergrande Real Estate Group Co., Ltd. ("Evergrande Real Estate") bond holders recently in Shenzhen Securities Trading on January 8, 2020 in Shenzhen Securities Trading on January 8, 2020The issuance of the principal and interest payment arrangements issued by corporate bonds (the "bond") issued.Bond holders did not pass the relevant adjustment arrangements.At the end of July 8 this year, Evergrande Real Estate did not pay related principal and interest.The bond issuance scale was RMB 4.5 billion (about S $ 932 million), with a ticket interest rate of 6.98%, and a bond period of three years.Evergrande Real Estate will take "not escaping bonds" as the basic prerequisite, actively negotiate with bond holders in order to reach a solution recognized by bond holders as soon as possible, and jointly resolve the risk of debt with the efforts of all parties, and safeguard the legitimate rights and interests of creditors in accordance with the law.
According to previous reports, the Hong Kong courts would have tried the Corporate Case of Evergrande's Corporation involved in Evergrande.This is the first time that Evergrande has fallen into a financial predicament for more than a year.
It is understood that Jiasheng Global Corporation submitted to Evergrande has invested in more than 700 million Hong Kong dollars in Evergrande's "RV Treasure".
