Siu Shawn, an executive director at the company, will take over, according to a statement, which added that chief financial officer Pan Darong was also forced to resign.新2网址（www.99cx.vip）实时更新发布最新最快最有效的新2网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。
NEW YORK: China Evergrande Group’s chief executive officer Xia Haijun was forced to resign as the embattled property developer tries to strike a restructuring deal to resolve US$300bil (RM1.3 trillion) of liabilities that have roiled the nation’s real estate market.
Siu Shawn, an executive director at the company, will take over, according to a statement, which added that chief financial officer Pan Darong was also forced to resign.
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Evergrande had been investigating how 13.4 billion yuan (US$1.99bil or RM8.9bil) of its deposits were used as security for third parties to obtain bank loans, which some borrowers then failed to pay back. — Bloomberg
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