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Macau Asia

South Shore unit that owns The 13 applies for liquidation

South Shore Holdings said the Macau unit that owns indebted luxury hotel, The 13, has applied for voluntary liquidation. 

Sharon Singleton Sharon SingletonJune 23, 2021 · 1 min read
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The 13 Hotel

South Shore Holdings said the Macau unit that owns indebted luxury hotel, The 13, has applied for voluntary liquidation.

Hotel Nova Concordia applied for liquidation on June 21, it said.

South Shore has been seeking a buyer for the property after a planned sale of 50 percent fell through in September last year. At close to $7 million per room, the property was said to be one of the most expensive ever built.

Company filing

AsiaConsortiumDebtgamblinglatest newsliquidation
Sharon Singleton
Written by Sharon Singleton Sharon Singleton is a multi-media reporter with experience ranging from website management to reporting and editing for newspapers, news agencies and television. More from Sharon Singleton →
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