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Country Garden is the developer of Forest City in Johor Baru.
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Country Garden is the developer of Forest City in Johor Baru.
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Country Garden's Malaysian unit says the company's not worried amid reports of failed fundraising efforts – https://t.co/UUengEO2rS https://t.co/a7jbnQ8wBR
— The Edge Malaysia (@theedgemalaysia) January 18, 2022
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The shares and bonds of China’s largest developer, Country Garden, are coming under pressure on fears that a reportedly failed fundraising effort may be a sign of declining confidence https://t.co/ce04GKjBjy
— Bloomberg Economics (@economics) January 17, 2022
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The crisis engulfing China’s property sector is impacting its biggest developer, with Country Garden’s shares and bonds hammered amid fears that a reportedly failed fundraising effort may be a harbinger of waning confidence https://t.co/Ta1GVNoYfB
— Bloomberg (@business) January 16, 2022
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7. The SCMP report also claimed that the Forest City’s master developer, Country Garden Holdings, had laid off over 1,000 Malaysian workers in the past year.
— BFM News (@NewsBFM) November 18, 2021
The Top Luxury video believes that this signalled “the epic downturn in the project’s fortunes.”
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