New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ...
(Bloomberg) -- New World Development Co. posted a second straight year of losses as debt pressures and a weak property market took a toll on the distressed Hong Kong builder. The developer controlled ...
The latest update is out from New World Development ( (HK:0017)). New World Development Company Limited has announced the composition of its Board of Directors, detailing the roles and functions of ...
HONG KONG (Reuters) -Embattled New World Development said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after setting an early deadline for its ...
Greetings. Welcome to New World Development's FY 2025 Annual Results Announcement webcast for analysts and investors. I am Patrick Cheong, Head of IR and also the moderator for this session. First of ...
Photo Credit: A king bed guestroom at the Rosewood Hong Kong Hotel, with a view of the Grand Harbour. Rosewood Hong Kong, which debuted in 2019, is an attempt to be Hong Kong's most sumptuous hotel.
Distressed Hong Kong developer New World Development Co.’s bond swap plan is set to trim about $1.2 billion from the company’s debt pile, but it is still facing liquidity strains with one of the ...
Nov 3 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual ...
New World Development is a leading property developer in Hong Kong and mainland China under the Cheng family, with property development and investment as core businesses. As NWD aims to raise the ...