The former Kai Tak runway site in January 2019. Photo: Martin Chan The former Kai Tak runway site in January 2019. Photo: Martin Chan
The former Kai Tak runway site in January 2019. Photo: Martin Chan

Cash-strapped developer Goldin seeks to raise another HK$8.7 billion in loans and sell Kai Tak site to pay piling debts

  • The company, once one of the most aggressive asset acquirers in Hong Kong, said it would raise a new loan of HK$8.7 billion without elaborating
  • Goldin sold a waterfront residential plot at the city’s former airport site for a net loss of HK$2.57 billion after fees

Topic |   Dealing with debt
The former Kai Tak runway site in January 2019. Photo: Martin Chan The former Kai Tak runway site in January 2019. Photo: Martin Chan
The former Kai Tak runway site in January 2019. Photo: Martin Chan
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