02-December-2024
Corporate News
 
China's Wanda Aims to Create Fund of up to $12.4 Billion, Bloomberg News Reports
29-Nov-2024

Chinese property giant Dalian Wanda has told some investors it plans to establish a fund of about 50 billion yuan to 90 billion yuan ($6.91 billion - $12.44 billion) to pay taxes and debt, Bloomberg News reported on Friday, citing people familiar with the matter.

News Source:- https://money.usnews.com/investing/news/articles/2024-11-28/chinas-wanda-aims-to-create-fund-of-up-to-12-4-billion-bloomberg-news-reports