New World Development Co Ltd (0017.HK)
Latest Key Developments (Source: Significant Developments)
Oct 27 (Reuters) - New World Development Co Ltd <0017.HK>::Unit to dispose sale shares in Ramada Property to Oriental Triumph Inc for RMB1.85 billion.Estimated unaudited gain of about HK$328.2 million to be recorded on disposal. Full Article
New World Development Co Ltd <0017.HK> : Vendor,Catchy investments, agreed to sell and assign, sale share and sale loan . Deal at consideration of HK$285 million .Unit and fortunate house limited entered into a conditional agreement. Full Article
New World Development Co Ltd <0017.HK>: Connected transaction - formation of joint venture for acquisition and development of land in Qianhai, Shenzhen <0017.HK> . Company and CTFE entered into the heads of agreement relating to the joint venture for the project. . Company and CTFE were awarded a tender by Qianhai authority to acquire the land use rights of the land . Deal for at a consideration of RMB4.21 billion for the development of the project. . Project involves development of financial and commercial complex on land; land is planned for commercial use and will be granted for term of 40 yrs . "CTFE" Chow Tai Fook Enterprises . Full Article
New World Development Co Ltd <0017.HK>: Application has been made to the stock exchange for the withdrawal of listing of the nwcl shares from the stock exchange . Stock exchange approved the application for withdrawal of listing of nwcl shares from stock exchange with effect from 4 August . Full Article
New World Development Co Ltd <0017.HK>: Gain arising from the disposal will be approximately HK$0.85 billion in the financial year ending 30 June 2016 . Units entered into the sale and purchase agreement . Consideration payable by the purchaser to the vendor is HK$3.75 billion . Sale and purchase agreement in respect of the disposal of Shine Fame and the assignment of debt . Full Article
HONG KONG, Jan 12 Hong Kong construction-to-transport group NWS Holdings Ltd said on Friday it would to sell HK$2.36 billion ($301.7 million) worth of Beijing Capital International Airport Co Ltd in a share sale, generating cash resources to fund other investment projects.