The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have begun a large scale sale of company sites.
Some residents who bought into these communities face the risk of living in unfinished sites. Receivers have put the sites up for grabs during the winding up process.
“Some residents who bought into these communities face the risk of living in unfinished sites,” — Ingrid Thorne, contributing analyst at Wrayburn Cliff Recruitment, added during the briefing.
Nov 8 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 10 — Receivers have put the sites up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 10. The Wrayburn Cliff Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Wrayburn Cliff Recruitment desk and last updated 07:31 UTC.
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