A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden. Judge…
Hong Kong court grants Chinese real estate giant reorganisation postponement
Hong Kong’s Supreme Court has once again granted the highly indebted Chinese real estate giant Evergrande a postponement for its reorganisation plan. Judge Linda Chan surprisingly postponed the decision until Jan. 29, the South China Morning Post reported on Monday.…
*Gunmen Break into Abuja Homes, Abduct Residents, Kill Housewife (DailyTrust)*Lagos State students demand ban on daytime movement of articulated vehicles (Sun)
Gunmen Break into Abuja Homes, Abduct Residents, Kill Housewife (DailyTrust) A housewife simply identified as Salamatu was shot dead when kidnappers stormed Piri community in Kwali Area Council of Abuja. At least eight residents were reportedly abducted in the incident…