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75 412 OPERATION BUDGET Particulars FAssets Monthly Others Total Fixed Assets Machinery and Equipment 10650 10650 Delivery Lorry 10000 10000 Working Capital Purchase of Materials 3519 3519 Carriage Inwards and Duties 2000 2000 Salaries EPF SOCSO 1463065 1463065 Machine Maintenance 800 800 Petrol 500 500 Utilities 1850 1850 Other. Having made three 11th-hour coupon payments in the past two months Evergrande again faces the end of a 30-day grace period on Monday with dues totaling 825 million.
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The real estate giant which is grappling with over 300 billion in liabilities and is at risk of becoming Chinas biggest ever default said.
. China Evergrande Group has set up a risk management committee as the cash-strapped property developer inches closer to a debt restructuring that has loomed for months over global markets and the worlds second-largest economy. The real estate giant which is grappling with over 300 billion in liabilities and is at risk of becoming Chinas biggest ever. China Evergrande Group has set up a risk management committee as the cash-strapped property developer inches closer to a debt restructuring that has loomed for months over global markets and the worlds second-largest economy.
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