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Founder Group
Founder Group
NEWS
company-info
Founder Group’s debt resolution plan underscores risks offshore money managers face from complex repayment pledges
Jun.9 2021 15:07 PM
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Country faces massive debt servicing costs for infrastructure by 2023
May.19 2021 13:24 PM
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Insurance giant would pay up to $7.9 billion for 51.1% to 70% of reorganized conglomerate following defaults
May.1 2021 06:30 AM
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Court OKs administrator’s application for three extra months to choose investors, consult with creditors
Jan.27 2021 19:11 PM
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Action may reflect concern that brokerage could funnel proceeds to bankrupt parent Founder Group, people close to Founder Securities say
Nov.4 2020 04:57 AM
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Bank of Beijing filed the application days before the conglomerate is supposed to pay up $285 million of bonds
Feb.20 2020 21:04 PM
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Payment deadline for Peking University-controlled industrial conglomerate extended to Feb. 21, avoiding triggering of cross-defaults on other debt
Dec.24 2019 04:32 AM
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Founder Group concealed its connected-party relationships with three other shareholders of subsidiary Founder Securities, regulator says
Feb.3 2018 18:30 PM
Newly released verdict on prosecution of anti-graft official says property tycoon paid 6 million yuan in return for favors
Jun.9 2017 19:18 PM