Hong Kong court adjourns liquidation proceedings against Chinese developer Logan
15/01/2024 01:56
HONG KONG, Jan 15 (Reuters) - A Hong Kong court on
Monday adjourned liquidation proceedings against Chinese
property developer Logan Group 3380.HK by four weeks.
Logan and two of its subsidiaries received a winding-up
petition in Nov. 2022, filed by Citicorp International, the bond
trustee that represents some of the investors holding the 5.75%
2025 bond.
(Reporting by Clare Jim; Editing by Anne Marie Roantree and Kim
Coghill)
((clare.jim@thomsonreuters.com;))
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