Property developer Sunac China gets winding-up petition in Hong Kong
Cash-strapped property developer Sunac China said on Thursday it received a winding-up petition at the Hong Kong High Court over non-payment of certain senior notes worth $22 million and interest.
Source: www.reuters.com
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(Reuters) - Cash-strapped property developer Sunac China said on Thursday it received a winding-up petition at the Hong Kong High Court over non-payment of certain senior notes worth $22 million and interest.
Reporting by Savyata Mishra in Bengaluru; Editing by Krishna Chandra Eluri
