HomeNewsWorldEvergrande executive director Shawn Sui says winding-up order 'regrettable'

Evergrande executive director Shawn Sui says winding-up order 'regrettable'

"Today's court ruling is contrary to our original intention," Shawn Sui, the firm's executive director, told the business daily 21st Century Business Herald, adding "we can only say that we have tried our best and it's very regrettable".

January 29, 2024 / 10:35 IST
Story continues below Advertisement
Evergrande executive director Shawn Sui says winding-up order 'regrettable'
Evergrande executive director Shawn Sui says winding-up order 'regrettable'

The executive director of China's embattled Evergrande said Monday the decision by a Hong Kong court to order its liquidation was "regrettable".

"Today's court ruling is contrary to our original intention," Shawn Sui, the firm's executive director, told the business daily 21st Century Business Herald, adding "we can only say that we have tried our best and it's very regrettable".

Story continues below Advertisement
AFP
first published: Jan 29, 2024 10:32 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!