EC World REIT Owed RMB 171 Million Of Rent By Sponsor Forchn Holdings
Nov 13, 2023 – EC World REIT (ECW) said that its sponsor Forchn Holdings and its subsidiaries owed the REIT more than RMB 171 million, according to a company statement. Of the outstanding rent receivables, RMB 126 million was the rent payable under master leases between the sponsor group and the ECW Group while the balance …
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