02
Jan
11:05
Evergrande Auto loses investment from Newton Group
Evergrande Auto, a carmaker affiliated with struggling Chinese property enterprise Evergrande, says the share sale deal with Dubai-based Newton Group has lapsed on 31 December 2023.
In a security filing on 1 January, Evergrande Auto explained Newton Group did not agree to extend the deadline for the share subscription agreement and the loan conversion agreement. “The parties and certain stakeholders ... will continue to negotiate on amendment of certain key…
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Anonymous
Very good overview of the weekly steel market.
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