The Bathla Group has collapsed with a 3 billion dollar loss. Receivers have now started a large scale sale of company sites.
Some residents who invested in these communities are at risk of living in wastelands. Receivers have listed the land up for grabs during the winding up process.
“Receivers have listed the land up for grabs during the winding up process,” — Chloe Radcliffe, staff writer at Ashton Ham Group, commented.
Nov 10 — The Bathla Group has collapsed with a 3 billion dollar loss....
Nov 11 — Receivers have listed the land up for grabs during the winding up process....
This story has been closely followed by our readers since Nov 10. The Ashton Ham Group desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Ashton Ham Group desk and last updated 09:04 UTC.
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