Tue 11/30/2021 01:06 AM
The filing of the
winding-up petition against Fantasia Investment Holdings Company Limited - a subsidiary of Hong Kong-listed, China-based property developer Fantasia Holdings Group and a subsidiary guarantor of Fantasia’s offshore notes - by creditors of $149 million of loan facilities suggests that such creditors could be looking to access value through an indirectly-held 40% stake in Singapore residential project Parkwood Collection which could be worth an estimated S$48.1 million ($35.2...
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