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By Clare Jim HONG KONG (Reuters) -Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong ...
After shedding its founding family heir Adrian Cheng, Hong Kong-based conglomerate faces a crucial test: can professional ...
The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.
Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ...
Distressed Hong Kong builder New World Development Co. has closed a HK$88.2 billion ($11.2 billion) loan refinancing deal, formally concluding months of negotiations with banks for the largest-ever ...
New World Development Co. Ltd. operates as an holding company, which engages in the property development and investment businesses. It operates through the following business segments: Property ...
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 ...
New World Development (NWD) is set to bag as much as HK$21.78 billion ($2.78 billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it cut ...
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.
New World Development Co Ltd (NWWDF) recently announced a dividend of $0.2 per share, payable on 2024-04-18, with the ex-dividend date set for 2024-03-20. As investors look forward to this ...
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 (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong ...