EC World REIT faces RMB3.515 billion liability after court rules against logistics subsidiary
EC World REIT disclosed on 9 May that a Hangzhou court has ruled its subsidiary jointly liable for RMB3.515 billion…
EC World REIT sinks deeper into crisis amid mounting debt
EC World REIT has reported a sharp deterioration in its financial performance for the first quarter ended 31 March 2025.…
EC World REIT reports steep declines for FY2024 amid financial struggles
EC World REIT reported a significant downturn in its financial performance for FY2024, with revenue and net property income (NPI)…
EC World REIT receives de-registration certificate for illegal mortgage
EC World REIT has been provided with a real estate mortgage de-registration certificate for the illegal mortgage imposed over its…
EC World REIT taps on interest reserve to pare down outstanding debt
EC World REIT has deployed about RMB11.33 million from its onshore interest reserves to repay its onshore interest expenses. This…
EC World REIT outlines how it will pay creditors in coming months
Embattled EC World REIT has come forward to explain how it intends to reconcile the large disparity between its outstanding…
EC World REIT addresses concerns over ability to exist
EC World REIT has come forward to address concerns over its ability to continue existing as a Singapore Exchange (SGX)-listed…
EC World REIT to receive sponsor’s funds for debt repayment as COVID snags divestment plans
The COVID wave that is currently gripping China has ensnared EC World REIT’s divestment plans, and the REIT is enlisting…
EC World REIT proposes assets divestment to pare down debt
EC World REIT has proposed a divestment of its interests in Bei Gang Logistics and Chongxian Port Logistics (CXPL) to…
EC World REIT stares down possibility of cross-defaults in loan facilities
EC World REIT could potentially be faced with cross-defaults in its financial facilities with various lenders, should it fail to…