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Evergrande Real Estate Forced Execution Amt RMB830M; Total Amt Reaches RMB52B+
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Mainland media reported that Evergrande Real Estate Group has been booked 6 new default judgment records yesterday (11 Apr), with the total amount of executed assets at about RMB830 billion. Some of the defendants include Evergrande Real Estate Group (Shenzhen) Limited and Evergrande Real Estate Group Urumqi Limited, The execution courts include Guangzhou Intermediate People's Court and Yining People's Court. According to the risk information, up to now, Evergrande Real Estate Group has more than 640 pieces of default judgment records, and the total amount of executed assets is more than RMB52 billion. Meanwhile, the company also has multiple records of consumption restriction orders, judgment defaulters and cases suspended with no assets eligible for execution. AAStocks Financial News |
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