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       T R O U B L E D   C O M P A N Y   R E P O R T E R

                     A S I A   P A C I F I C

          Wednesday, July 30, 2025, Vol. 28, No. 151

                           Headlines



A U S T R A L I A

EVERGRANDE PROPERTIES: Rodgers Reidy Appointed as Administrators
MARLO GROUP: First Creditors' Meeting Set for Aug. 5
MUST SELL: First Creditors' Meeting Set for Aug. 6
NOW PAY: First Creditors' Meeting Set for Aug. 5
RESOURCE DEVELOPMENT: In Administration as MinRes Pulls Funding

SNACKING INVESTMENTS: S&P Affirms 'B' ICR, Outlook Stable
XTREME AWNINGS: First Creditors' Meeting Set for Aug. 5


H O N G   K O N G

LAI SUN: Seeks to Sell 50% Stake in Hong Kong's CCB Tower


I N D I A

ACME FORMULATION: ICRA Keeps B+ Debt Ratings in Not Cooperating
BHUSHAN POWER: SC to Hear Lender's Review Petitions on July 31
CHANDERPUR WORKS: ICRA Keeps B+ Debt Rating in Not Cooperating
DIGITONE MOBILES: Liquidation Process Case Summary
FORMING INDIA: ICRA Keeps B+ Debt Ratings in Not Cooperating

GHAZIABAD MECHFAB: ICRA Keeps B+ Debt Rating in Not Cooperating
J.D. JADIA: ICRA Keeps B+ Debt Ratings in Not Cooperating
KAMAREDDY MUNICIPALITY: ICRA Keeps B+ Rating in Not Cooperating
LAKSHMINARASIMHA WAREHOUSING: ICRA Keeps B+ Rating in Not Coop.
MARC LABORATORIES: ICRA Withdraws B+ Rating on INR12cr LT Loan

MATOSHRI LAXMI: Insolvency Resolution Process Case Summary
MAXWORTH PLYWOODS: ICRA Keeps D Debt Ratings in Not Cooperating
NAVALAKHA TRANSLINES: ICRA Keeps B+ Ratings in Not Cooperating
NEOCORTEX LIFE: Liquidation Process Case Summary
PREHARI PROTECTION: ICRA Keeps D Debt Ratings in Not Cooperating

PRISTINE DEVELOPERS: ICRA Keeps B+ Debt Rating in Not Cooperating
PUSH ENGINEERING: ICRA Withdraws B+ Rating on INR23cr Term Loan
RADIANT HOTELS: ICRA Keeps B- Debt Rating in Not Cooperating
RAM KRIPA: ICRA Keeps B+ Debt Rating in Not Cooperating Category
RELIANCE COMM: NCLT Replaces RP in Anil Ambani Loan Guarantee Case

SAMBHAJI RAJE: ICRA Keeps D Debt Ratings in Not Cooperating
SANTOSH ENTERPRISES: ICRA Keeps D Debt Ratings in Not Cooperating
SARASWATI EDUCATION: ICRA Keeps D Debt Ratings in Not Cooperating
SITA RAM: ICRA Keeps B+ Debt Rating in Not Cooperating Category
TAJ STONE: ICRA Keeps D Debt Rating in Not Cooperating Category

UTECH ENGINEERING: Liquidation Process Case Summary
VENUS GARMENTS: Liquidation Process Case Summary
WANDERLAND REAL: ICRA Keeps B+ Issuer Rating in Not Cooperating
WARADE PACK: ICRA Keeps B Debt Ratings in Not Cooperating
ZETA MICRONS: ICRA Keeps B Debt Ratings in Not Cooperating



M A L A Y S I A

PHARMANIAGA BHD: Jakel Group to Take Up 10% Stake in Company
[] MALAYSIA: Dewan Rakyat Passes Cross-Border Insolvency Bill


N E W   Z E A L A N D

CC RECRUITMENT: Court to Hear Wind-Up Petition on Aug. 11
GUNTRIP LOGISTICS: Court to Hear Wind-Up Petition on Aug. 5
NEW YORK BAGELS: Enters Liquidation After Nearly 30 Years
NEXUS SERVICES: Creditors' Proofs of Debt Due on Aug. 21
NIRVANA FARM: McGrathNicol Appointed as Receivers

ONSITECH SERVICES: Creditors' Proofs of Debt Due on Sept. 5


S I N G A P O R E

CLEAN EATS: Placed in Provisional Liquidation
DELMER GROUP: Commences Wind-Up Proceedings
GI VENTURES: Creditors' Meetings Set for July 31
INFINITY ELECTRIC: Court Enters Wind-Up Order
PONGCHACHA PTE: Court Enters Wind-Up Order


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