According to ali's judicial website, a number of shops, parking spaces and hangars are being auctioned under the name of kim moe industries ltd. At a market price of $203. 9 million and a total of $146. 81 million。
In april 2012, jung-sung business square, located in the centre of the city of ruhuang, officially opened a global retail giant wal-mart. It has to be said, however, that with the triumph of the market and the loss of some old malls, some of them have come to decline。
According to the alifa network, 92 licensed shops, 28 unlicensed shops, 106 unlicensed parking spaces and the unlicensed wal-mart hangar, located on the 1st to 4th floors of the commercial square, were auctioned as a result of the bankruptcy of the developer, such as kim moe company limited。
A total of $146. 81 million was awarded, the market was assessed at $203. 9 million, the deposit was bid at $14 million, and the price was increased by $0. 5 million and its overall multiplier。
The whole project covers approximately 110,000 square metres of land, including shopping centres, hotels, apartments, writing buildings, specialty malls, etc。
As a landmark shopping mall, business square used to incorporate many high-quality domestic and foreign brands, such as wal-mart, kendji and starbucks, based on unique geographical advantages and business environments。
But it is not long, and it is even worse after wal-mart's closure in june 2019, as the market environment changes and new businesses, such as the huberta square, wanda square, and so on, have gradually declined。
As can also be seen from the physical pictures below, there are a number of maintenance shops along the street, but the interior is already largely empty。
Ali auction pictures
In fact, commercial squares are superior in terms of their location, and they are located on the west-west road of the main main road in the city, with a greater number of old neighbourhoods and a greater flow of people。
In may 2024, as a result of the failure to pay debts due to maturity and the apparent lack of solvency, the city people's court, for example, decided to take up the case of the bankruptcy of jumei moe company limited。
In september 2024, shanghai enterprises management limited, the largest shareholder in the kim mao industry, submitted a written application to the people's court of the city of juaquin for a reorganization of the kim mao industry. In october 2024, the people's court of changzhou decided to restructure the kim moe industry。
Based on the need for reorganization, the manager of the kimmog industry conducted an open bidding exercise on the platform under the title “100 per cent equity for the kimmokang company limited”, with a market assessment price of approximately $204 million and an initial bid of about $163 million。
If we succeed in the auction, we'll start early
It can also complement business around the street
The whole plate is alive
Do you think this auction will work
