Wednesday, August 30, 2023
Country Garden warns of a possible default
Country Garden warns of a possible default https://ift.tt/L5MNDcz Garden said that if its financial performance continues to deteriorate, the group might not be able to fulfill its debt obligations, "which may result in default," according to a filing Wednesday. The developer also cited "material uncertainties" that may cast "significant doubt on the group's ability to continue as a going concern." -
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