Country Garden says founder, board chairperson at work, haven't left China
© Reuters. FILE PHOTO: Country Garden Holdings' Yeung Kwok Keung at a news conference in Hong Kong, China March 20, 2018. REUTERS/Bobby Yip/File PhotoBEIJING - Country Garden's founder and chairperson of the board are at work as usual, the debt-laden Chinese property developer said on social media on Thursday, denying online reports of the pair leaving the country.
Country Garden on Wednesday was due to pay a $15 million coupon payment on a bond due September 2025, but two bondholders told Reuters they were yet to receive it. Non-payment would put the developer at risk of default.
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