We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Musical chairs

14 October 2020 By Pete Sweeney

The property developer lost a fifth of its market value after a discounted stock sale raised only half the targeted $1.1 bln. Creditors also just cut the highly indebted company some slack. Boss Hui Ka Yan may be forced to accelerate asset sales to raise the capital he needs.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)