Siu Shawn, an executive director at the company, will take over, according to a statement, which added that chief financial officer Pan Darong was also forced to resign.环球ug会员开户（www.ugbet.us）开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
NEW YORK: China Evergrande Group’s chief executive officer Xia Haijun was forced to resign as the embattled property developer tries to strike a restructuring deal to resolve US$300bil (RM1.3 trillion) of liabilities that have roiled the nation’s real estate market.
Siu Shawn, an executive director at the company, will take over, according to a statement, which added that chief financial officer Pan Darong was also forced to resign.
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Evergrande had been investigating how 13.4 billion yuan (US$1.99bil or RM8.9bil) of its deposits were used as security for third parties to obtain bank loans, which some borrowers then failed to pay back. — Bloomberg
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