SUBSCRIBERS
Kaisa CEO's departure dashes hopes of near-term rescue deal
Published Mon, Feb 2, 2015 · 09:50 PM
Hong Kong
CHINA'S Kaisa Group said on Monday that its CEO has resigned - a further blow to the embattled property developer despite having sold some assets at the weekend to ease its short-term cash worries.
The company said that Jin Zhigang had quit "to devote more time to his personal career development" and would continue as executive director. It added that there had been no disagreement with the board.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
More homes planned in Media Circle to support housing demand
Country Garden deadlines pose first big test of bond guarantees
Global housing shortages are crushing immigration-fuelled growth
Australia’s housing rent hits record high in headache for RBA
GuocoLand taps X factor to help tenants pull workers to offices amid hybrid work
After S$160 million makeover, SingLand eyes better take-up, higher rents at Singapore Land Tower