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Malaysia's $100 billion ghost town is good for at least one thing: filming documentaries and shows like Netflix's 'The Mole'Malaysia's $100 billion ghost city was meant ... into a ghost town — and a major liability for its developer, Country Garden, which is facing sizable financial issues elsewhere.
SHANGHAI: The billionaire owner of Country Garden Holdings Co is selling a stake in a unit to raise about US$650mil (RM2.86bil) amid a flurry of share sales by cash-strapped Chinese developers.
Beijing: Country Garden Real Estate Group Co Ltd says it will suspend trading in nearly a dozen onshore bonds starting today, two days after the Chinese real estate company’s controlling ...
The loans are the core basis of a winding-up petition the group lodged against Country Garden in February 2024.
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