The Business Times

Dalian Wanda

Property

Wanda unit aiming to create fund of up to 90b yuan backed by malls: sources

The company has so far met its payment obligations on the bond, according to filings and Bloomberg reports.
Property

Wanda seeks to extend US$400 million bond amid liquidity strains

Investors led by PAG will hold a combined stake of 60 per cent in Newland Commercial Management, a newly formed holding company of Zhuhai Wanda Commercial Management Group.
Property

Wanda to cede control of its mall unit in 60 billion yuan deal

Cash-strapped firms are reversing course after global expansion.
Global Enterprise

China conglomerates speed up asset sales to beat credit squeeze

Zhuhai Wanda managed nearly 500 malls across China as at the end of November, including 204 from independent third parties.
Companies & Markets

Abu Dhabi wealth fund is said to weigh stake in Wanda mall unit

Under the new deal, the group of investors, including private equity investor PAG, agree to re-invest their money at the year-end deadline after Wanda pays back their original stakes.
Property

Wanda reaches agreement with pre-IPO investors to stay put

Billionaire Wang Jianlin plans to transfer his 51 per cent stake in Beijing Wanda Investment, which controls Wanda Film Holding, to a subsidiary of China Ruyi Holdings.
Global Enterprise

Wanda’s billionaire founder sells film unit as debt pressure builds

Wanda Properties International wants to push back the maturity on the 7.25 per cent note by almost a year to Dec 29, 2024, according to a statement to the Hong Kong stock exchange.
Property

Chinese conglomerate Wanda seeks US dollar bond extension as liquidity tightens

Wanda is considering offering compensation to pre-IPO investors of Zhuhai Wanda Commercial Management Group as an alternative to immediate repayment.
Property

Chinese conglomerate Wanda in talks with backers to avert 30 billion yuan IPO repayment

Beijing is trying to revive confidence after the latest data showed home sales slumped for a third straight month, adding to deflation pressure.
Global Enterprise

China’s credit wreck exposes governance failings to the world

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More