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home / articles / EGRNF - China's Most Indebted Property Developer Loses $2B Value After Shares Resumed Trading | Benzinga

EGRNF - China's Most Indebted Property Developer Loses $2B Value After Shares Resumed Trading | Benzinga

China Evergrande Group

Property developer, China Evergrande Group (OTC: EGRNF) disclosed extending the creditors' voting record time related to its offshore debt restructuring plan. 

The company, in the filing, said that it is extending the voting record time to September 20 from August 23, with scheme meetings with creditors adjourned to September 26 from August 28.

The company lost around 80% of its market value, equivalent to $2 billion today, after the shares ...

Full story available on Benzinga.com
Stock Information
Company Name: China Evergrande Group
Stock Symbol: EGRNF
Market: OTC
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