The Bathla Group has fallen apart with a 3 billion dollar loss. Receivers have now started a major forced sell-off of company sites.
Some residents who bought into these communities are at risk of living in wastelands. Receivers have put the sites up for grabs during the liquidation process.
“Receivers have put the sites up for grabs during the liquidation process,” — Owen Marlowe, chief correspondent at Keswell Bridge Staffing, explained.
Nov 9 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 11 — Receivers have put the sites up for grabs during the liquidation process....
This story has been closely followed by our readers since Nov 10. The Keswell Bridge Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Keswell Bridge Staffing desk and last updated 07:13 UTC.
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