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New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people ...
By Clare Jim HONG KONG (Reuters) -Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong ...
Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ($11.15 billion) loan refinancing, Bloomberg News reported on Thursday, citing ...
New World Development has a land bank with an attributable total GFA of approximately 9.1 million sq ft in Hong Kong available for immediate development, of which approximately 4.2 million sq ft ...
Its shares closed up 11.2% to HK$5.36, the highest since December 24. New World's market value has shrunk to about $1.7 billion from $14 billion in mid-2019.
Hong Kong's New World Development said on Monday it remains "actively engaged" with creditors to refinance existing loans and that talks are ongoing.
The younger generation of the Cheng family has taken the helm at New World Development, injecting fresh perspectives and ideas. Real estate remains core to the group, supplemented by NWS Holdings ...
Hong Kong developer New World Development Co.’s shares dropped as much as 7.9% to the lowest level since November 2003 after the company reported a weak full-year result last Friday.
Circle HealthPod is the First Rapid Molecular Point of Care / At-Home Diagnostic Test to be Offered in Asia HONG KONG, Aug. 10, 2021 /PRNewswire/ -- New World Development and Prenetics Limited, a ...
New World Development, its listed subsidiary NWS, and New World Department Store China are in sound financial health, in our view. On a consolidated level, debt maturity is balanced and the ...
HONG KONG, March 1, 2021 /PRNewswire/ -- New World Development ("NWD" or "the Company") has committed to the Business Ambition for 1.5°C, a global call to action from the United Nations as well ...
HONG KONG (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong major property developer received commitments for a HK$88.2 billion ($11.2 ...
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