China's Country Garden Faces Liquidation Petition from Creditor

Wednesday, 28 February 2024, 05:53

Country Garden has received a liquidation petition from a creditor. The company has announced it will strongly oppose the petition and plans to take legal actions against it. Stay tuned for the court hearing scheduled on May 17th to know the final outcome.
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China's Country Garden Faces Liquidation Petition from Creditor

Country Garden Faces Liquidation Petition

Country Garden, a major player in the real estate industry, is under pressure as a creditor files for liquidation.

Opposition and Legal Measures

Country Garden has stated that it will vigorously oppose the petition and is prepared to take necessary legal measures to address the situation.

Court Hearing on May 17

A court hearing is scheduled to take place on May 17 to resolve the matter.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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