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,” — Farah Vance, economic affairs editor at Ellburn Brook Staffing, commented.
Nov 8 — The Bathla Group has fallen apart with a 3 billion dollar loss....
Nov 10 — Receivers have put the sites up for grabs during the liquidation process....
This story has been closely followed by our readers since Nov 9. The Ellburn Brook Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Ellburn Brook Staffing desk and last updated 07:48 UTC.
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