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Pan Sutong

Suit Filed as Receivers Relaunch Sale of Hong Kong’s Goldin Financial Global Centre

2022/05/18 by Pawara Laothamatas, Michael Cole 2 Comments

A mysterious businessman who has been said to be in the process of buying the Goldin Financial Global Centre (GFGC) since late 2020 filed suit this week in an attempt to block the sale of the Kowloon East trophy tower… Read More>>

Li Ka-shing is feeling good about SPAC

CK Asset Drops Suit Against Goldin Chairman and More Asia Real Estate Headlines

2021/03/16 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, Hong Kong property giant CK Asset drops its lawsuit against Goldin chairman Pan Sutong, WeWork says it will launch its biggest Singapore space within a year, and China’s statistics bureau reports that… Read More>>

Abraham Shek Goldin

Asia Real Estate People in the News 2021-03-08

2021/03/08 by Michael Cole Leave a Comment

The start of March has brought a burst of people moves around the region, with a pair of Hong Kong-listed real estate developers reshuffling their boards to reflect new business alliances. This month also sees a veteran project manager return… Read More>>

Apparel Giant Abandons HK Offices and More Asia Real Estate Headlines

2021/01/13 by Pimfha Chandhapradit Leave a Comment

Hong Kong’s supply of bad news continues to grow even faster than its empty office space, as a major apparel supplier announced this week that it will shift its operations to Shanghai and Singapore.

Also in today’s… Read More>>

KKR Leads $1B Buy of Walmart’s Japan Grocery Business and More Asia Real Estate Headlines

2020/11/16 by Shiunne Bulsombut Leave a Comment

Today’s roundup of regional news headlines features Walmart unloading its majority stake in a Japanese supermarket chain, embattled Goldin Financial scrapping a previously announced share placement, and resort operator Genting Singapore swinging to a net profit in the third quarter… Read More>>

goldin financial global centre

Goldin Receivers Reassert Control of Kowloon East Trophy Tower

2020/11/02 by Elizabeth Kerr Leave a Comment

Receivers controlling the Goldin Financial Global Centre (GFGC) in Hong Kong on Monday struck back at a Friday statement by Goldin Financial Holdings suggesting that it would continue to market the 28-storey tower.

Corporate restructuring firm Borrelli Walsh, which is… Read More>>

pan sutong goldin

Hong Kong Court Paves Way for Sale of Goldin’s Kowloon East HQ

2020/10/30 by Michael Cole 2 Comments

Mainland tycoon Pan Sutong has lost his battle for control of his Kowloon East headquarters, as Hong Kong’s High Court today ruled in favour of creditors which had seized the property in July.

The court confirmed that Smart Edge Ltd,… Read More>>

pan sutong tb

Goldin Names Purported Buyer of Kowloon HQ as Bankruptcy Looms

2020/10/17 by Michael Cole Leave a Comment

Goldin Financial Holdings released a flurry of announcements late Friday, including the terms of a provisional agreement for a record-breaking sale of its Kowloon East headquarters, as the Hong Kong-listed firm faces end of the month court rulings that could… Read More>>

pan sutong

Goldin Stalls Winding Up Petition as CK Asset Director Departs

2020/10/12 by Michael Cole Leave a Comment

While not every developer can own Hongkong Land’s blue-chip portfolio or boast of China Evergrande’s ability to defy financial gravity, Goldin Financial Holdings has gained distinction in its own right this year by becoming perhaps the region’s most unpredictable real… Read More>>

pan sutong trophy

Goldin Claims HK$14B Sale of Kowloon East HQ Held by Receivers

2020/10/04 by Michael Cole Leave a Comment

While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>

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