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Country Garden creditor writes off loans as winding-up case continues

March 24, 2025

HONG KONG — Kingboard Holdings, a Hong Kong-listed maker of laminates used for building materials and high-tech products, said it has fully written off loans it made to distressed Chinese property developer Country Garden Holdings.

The loans are the core basis of a winding-up petition the group lodged against Country Garden in Febru 2024.

byadmin

Published March 24, 2025

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