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New World Development Company Limited (NWD), is a Hong Kong-based company focused on property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung.
- 29 May 1970
- HK $59,6 billion (as of financial year 2016)
- About 50,000 people (as of financial year 2014)
Jun 27, 2023 · 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...
Jun 27, 2023 · NWS is the industrial flagship of New World Development with businesses spanning toll roads, construction and insurance. The company reported a 7.8% year-on-year increase in revenue to HK$17.6...
New World Development Company Limited ("The Group"; Hong Kong Stock Code: 17.HK) is a leading conglomerate based in Hong Kong. The Group was founded in 1970 and publicly listed in Hong Kong in 1972. It is a constituent stock of the Hang Seng Index with a total asset value of HK$378.5 billion as at 31 December 2014.
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About New World. Company Profile. Vision, Mission and Values. Group Structure. New World Ecosystem. Property. Department Stores. Hotels & Residences. Leadership. List of Directors and Roles and Functions. Directors' Profiles. Corporate Governance Report. Milestones. 2023.
Nov 3, 2023 · New World Development will receive HK$21.75 billion (US$2.8 billion) from the disposal of more than 2.38 billion shares in NWS Holdings. Buyout by family led by billionaire Henry Cheng will ease...