29.07.2016 10:19:00

Gemdale Corporation -- Moody's: Gemdale's land acquisition in Shanghai is credit negative; no immediate rating impact

Hong Kong, July 29, 2016 -- Moody's Investors Service says that Gemdale Corporation's (Ba2 stable) acquisition of a residential land plot in Pudong District, Shanghai, is credit negative because it will raise the company's execution risk.

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