The fundraising exercise comes days after Goldin’s creditors said it had no right to sell its headquarters in Kowloon Bay, pictured. Photo: Sam Tsang
Cash-strapped developer Goldin to raise US$178 million through share sale for debt repayment, working capital
- The company plans to sell 1.39 billion new shares at HK$1 each
- Billionaire Pan Sutong’s shareholding will fall to 59.05 per cent from 70.86 per cent
The fundraising exercise comes days after Goldin’s creditors said it had no right to sell its headquarters in Kowloon Bay, pictured. Photo: Sam Tsang
