BRIEF: Debt-heavy Agile Group sells assets to reduce debt
Property developer Agile Group Holdings Ltd. (3383.HK) said on Thursday that its Xintao Eco Technology subsidiary has agreed to sell several of its fixed assets, including land, factories, equipment, pipeline…
From friends to foes: Agile faces mounting troubles from former partner
A former partner has requested Agile’s liquidation over an outstanding debt that isn't substantial, but could still trigger a chain reaction Key Takeaways: Agile Group is facing a liquidation petition…
A-Living gets tough on debt arrears to claw back into profit
The property manager has cracked down on late payments for its services and taken steps to insulate itself from the debt woes of its embattled parent Key Takeaways: The company…
BRIEF: Agile sells seasoning products business for $33 million
Agile Group Holdings Ltd. (3383.HK) announced on Tuesday that its wholly owned subsidiary, Yaxin Investment, has agreed to sell its 21.16% stake in Guangdong PRB Bio-Tech Co. Ltd. to Guangdong…
BRIEF: Agile’s sales fall nearly 50% in November
Property developer Agile Group Holdings Ltd. (3383.HK) announced on Tuesday that its pre-sales value in November totaled 1.2 billion yuan ($165 million), down 46% from 2.23 billion yuan in the…
