The Risk of Buying Reits Having Chinese Properties

revealer

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03-01-2024, 07:09 AM

The manager of EC World Reit said in a bourse filing on Tuesday (Jan 2) that 3 properties were mortgaged without their consent. These properties are Fuzhou E-Commerce, Fu Heng Warehouse, and Hengde Logistics. They were mortgaged between Nov 20, 2023, and Nov 24, 2023, in favor of two Fuyang government-linked entities in China. Trading of EC World Reit in SGX, was suspended in August 2023.

http://tinyurl.com/338fa78h

Trading Economics: In China, employed persons refer to who performed some work for one hour during the reference period.

(This post was last modified: 03-01-2024, 07:24 AM by revealer.)

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The Risk of Buying Reits Having Chinese Properties - by revealer - 03-01-2024, 07:09 AM

RE: The Risk of Buying Reits Having Chinese Properties - by revealer - 03-01-2024, 07:26 AM

RE: The Risk of Buying Reits Having Chinese Properties - by revealer - 03-01-2024, 07:29 AM

RE: The Risk of Buying Reits Having Chinese Properties - by K88 shu shu - 03-01-2024, 07:38 AM

RE: The Risk of Buying Reits Having Chinese Properties - by sgbuffett - 03-01-2024, 07:42 AM

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