Chinese company, which announced investments in Belgrade residential complexes, is now for sale

The Bankruptcy Supervision Agency announced the sale of the bankruptcy debtor New Park Group (Beograd) DOO as a legal entity.

The subject of the sale includes potential claims and property that is the subject of litigation before the Commercial Court in Belgrade.

The estimated value of the entire property is RSD 34,699,000.00, while the amount of the deposit is RSD 6,939,800.00.

The starting price of the public bidding was set at RSD 17,349,500.00.

The public tender will be held on April 17.

This company has been in bankruptcy since 2023, and the following owners are listed in the APR: Singmo Chan (40%), Zhong Tong Grand Construction Group Limited (30%), Wenzhou Deyuan Investment Co.Ltd. (20%) and Mickael Chan (10%). The principal activity of the company is the construction of residential and non-residential buildings.

New Park Group d.o.o.

Agencija za licenciranje stečajnih upravnika Beograd

New Park Group

Bankruptcy Supervision Agency

sale of Chinese company