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Published on 10/29/2015 in the Prospect News Distressed Debt Daily.

Kaisa Group Holdings board assigns FTI to conduct investigations

By Mark Reccek

Bethlehem, Pa., Oct. 29 – Kaisa Group Holdings Ltd.'s board of directors has appointed FTI Consulting Ltd. to assist the independent committee in its investigation into internal company matters, according to a Thursday press release.

The independent committee was appointed in April 2015 to investigate matters previously raised by the auditor, including continued delay in presenting the company’s 2014 year-end financial results.

Kaisa Group is a Shenzhen, China-based property development company.


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