Troubled China real estate developer Agile Properties announced on Thursday that a previously planned rights offer is back on the table. The plan to raise HK$1.65 billion ($213 million) seems more challenging than ever, however, as the Hong Kong-listed property… Read More>>
Agile Owners Offer $200M to Save Struggling Developer
The owners of real estate developer Agile Property announced this week that they are offering their company $200 million in loans in a bid to refinance the struggling firm after scuttling a planned rights issue.
Guangzhou-based Agile has seen its… Read More>>
Agile Property Boss Falls into Official Custody – Developer Cancels Rights Issue
Struggling China real estate developer Agile Property took a serious tumble last week when it announced the cancellation of an upcoming rights issue and the detention of Chairman Chen Zhuolin by government authorities.
Mr Chen was said to be confined… Read More>>