Property developers

HOCK LOCK SIEW

GuocoLand’s rationale for privatising its Malaysian arm not strong

But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future

Guocoland controls over 65% of Guocoland Malaysia’s shares.

Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private

The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index

Once China’s largest developer, Vanke is now at the epicentre of the nation’s years-long property crisis.

China Vanke’s record loss leaves developer at mercy of state backer

The company has been wrestling with a liquidity crunch for more than two year

The three red lines were introduced in 2020 as a key part of Beijing’s attempt to clamp down on a housing boom that fuelled mountains of debt.

China developers ceased reporting ‘three red lines’ for years

The move signals how dramatically the authorities have changed their position on the real estate sector

Vanke has been at the centre of the country’s protracted property sector crisis, during which many of its rivals, big and small, have defaulted on their debt repayments.

Vanke gets approval for more bond repayment deferrals as China is seen stepping in to avert immediate default

Beijing has rolled out a number of measures aimed at supporting the property market

The signs of growing investor confidence come as New World has launched an extensive programme of potential asset disposals.

Hong Kong builder New World makes progress escaping distress

The company still faces a barrage of challenges

China Vanke is about US$50 billion in debt.

China Vanke wins creditor support for bond repayment plan; imminent default risk recedes

[HONG KONG] China Vanke said on Wednesday it had gained creditor approval to defer some repayments soon owed on a 1.1 billion yuan (S$205 million) puttable bond, likely helping the state-backed proper...

The crane crash on the expressway on Thursday killed two people, sparking a public outcry and calls from political parties for action against the company.

Thai builder seeks debt relief after two deadly crane accidents

Italian-Thai Development is grappling with a liquidity crunch that has forced it to offload its overseas investments

Vanke, the last major Chinese developer to stave off debt failure so far, is under mounting strain from nearly US$50 billion in interest-bearing liabilities.

China Vanke bonds extend rally on sweetened extension proposals

The company is also preparing a broader restructuring plan, which still needs Beijing’s approval

While many defaulted Chinese developers are wrapping up their restructurings, others are still facing liquidation risks as creditors grow weary of drawn-out debt talks.

Chinese builder Jingrui ordered to liquidate by Hong Kong court

The liquidation order underscores the perils developers continue to face as China remains mired in a deep property slump