The Evergrande Group’s liquidators have issued a deadline for bids on a property management unit they are seeking to sell. The Hong Kong stock exchange filed this notification to the regulatory body. The unit, previously owned by Evergrande, is currently under investigation and faces significant financial challenges. Liquidators are seeking to recoup debts owed to creditors. The deadline for submitting bids falls at the end of this month. The firm’s collapse has triggered a complex restructuring process, impacting several related entities, and the sale of the property management unit represents a key element of this broader recovery effort.
Credits: News – South China Morning Post
