Liquidation Hearing Against Powerlong Real Estate Unit Rescheduled

MT Newswires Live

05/13

The hearing of a liquidation application against Powerlong Real Estate's (HKG:1238) unit Powerlong Real Estate (BVI) has been rescheduled to July 21, a Monday Hong Kong bourse filing said.

The application had been filed by Oasis Management, AM Asia Strategies, and PAG-P Asia Fund in March over an alleged non-payment of $198.8 million in senior bonds due August 2024.

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