scorecardresearch
Thursday, September 4, 2025
TopicProperty developers

Topic: Property developers

Singapore billionaire linked to corruption case pleads guilty, granted judicial mercy

Property tycoon Ong Beng Seng has pleaded guilty of obstructing justice in a case linked to the jailing of ex-transport minister S. Iswaran. Ong has been given judicial mercy on medical grounds.

China’s property giant Country Garden faces liquidation petition, deepening crisis in real estate sector

In a filing in the Hong Kong Stock Exchange Wednesday, the company announced that one of its creditors, Ever Credit Ltd., had filed a winding-up petition in the high court over non-payment of $204 million.

Amid unfolding real estate crisis in China, property giant Country Garden defaults on dollar bond

Country Garden has reportedly defaulted on $15.4 million dollar bond interest payment, a first. This comes 2 months after the Evergrande Group filed for bankruptcy.

Restrictions on home loans likely to worsen liquidity crunch in real estate sector

The National Housing Bank, India's housing regulator, has restricted certain mortgage-payment plans that developers typically use to push sales.

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.