Edition:
United States

New World Development Co Ltd (0017.HK)

0017.HK on Hong Kong Stock

11.70HKD
22 Nov 2017
Change (% chg)

HK$0.04 (+0.34%)
Prev Close
HK$11.66
Open
HK$11.70
Day's High
HK$11.80
Day's Low
HK$11.62
Volume
17,243,304
Avg. Vol
19,655,121
52-wk High
HK$12.78
52-wk Low
HK$8.08

Latest Key Developments (Source: Significant Developments)

New World Development Co's ‍unit sells Ramada Property for RMB1.85 bln to Oriental Triumph Inc
Friday, 27 Oct 2017 07:41am EDT 

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 says unit entered into subscription agreement
Friday, 29 Sep 2017 07:17am EDT 

Sept 29 (Reuters) - New World Development Co Ltd <0017.HK>::Smart Future and Healthcare Assets Management entered into subscription agreement.Smart Future to subscribe for 40% of enlarged issued share capital of HAML, at a subscription price of HK$10.2 million.  Full Article

New World Development says FY profit attributable HK$7,675.7​ mln
Thursday, 21 Sep 2017 12:01am EDT 

Sept 21 (Reuters) - New World Development Co Ltd <0017.HK>:FY profit attributable HK$7,675.7​ million versus HK$8,666.3 million.FY revenue HK$56,628.8 million versus HK$59,570.0 million.Final dividend of HK$0.33 per share.‍It is expected that equity raising is not necessary in foreseeable future​.‍Group will further expand K11 brand into Mainland China​.  Full Article

New World Department Store China updates on privatisation offer
Wednesday, 26 Jul 2017 07:19am EDT 

July 26 (Reuters) - New World Department Store China Ltd <0825.HK>:As at 4 :00 p.m. On 26 July, offeror received valid acceptances in respect of 330.6 million offer shares representing about 70.76% of offer shares."offeror will not increase the offer price".Level of acceptance will become 376.1 million NWDSC shares, representing about 80.50% of offer shares.  Full Article

New World Development updates on privatisation to acquire New World Department store China
Wednesday, 5 Jul 2017 04:33am EDT 

July 5 (Reuters) - New World Development Co Ltd <0017.HK>::Updates on privatisation by way of offer by UBS AG Hong Kong branch to acquire all shares of new world department store China.Offer is made by UBS on behalf of offeror to acquire all of offer shares at cash consideration of HK$2.00 per offer share.  Full Article

New World Development says unit entered into HL termination agreement
Monday, 10 Apr 2017 09:14am EDT 

New World Development Co Ltd <0017.HK> : NWCL (as a wholly-owned subsidiary of group) and CTFE entered into HL termination agreement .Both parties agree to terminate former master hotel leasing agreement upon master hotel leasing agreement.  Full Article

New World Development enters service agreements
Monday, 10 Apr 2017 07:39am EDT 

New World Development Co Ltd <0017.HK> : Doo and company entered into services group master services agreement in relation to services group transactions . CTFE and the company entered into the CTFE master services agreement in relation to the CTFE transactions .Services group master deal was entered into with William Doo Wai Hoi non-executive vice-chairman and a nonexecutive director of co.  Full Article

New World Development Co Ltd says HY profit attributable HK$4.34 billion
Tuesday, 21 Feb 2017 11:04pm EST 

New World Development Co Ltd <0017.HK> : HY profit attributable HK$ 4.34 billion versus HK$3.30 billion . HY revenue HK$26.64 billion versus HK$33.78 billion .Board has declared an interim dividend of HK$0.13 per share for financial year ending 30 June 2017.  Full Article

New World Development Co says joint venture agreements for land development in shenzhen
Thursday, 8 Dec 2016 04:01am EST 

New World Development Co Ltd <0017.HK>: Company will jointly develop lands with cmsiz in offshore joint venture arrangement and onshore joint venture arrangements . Joint venture vehicle in offshore joint venture arrangement will be triumphant ally . Total capital commitment of group in respect of onshore joint venture arrangements amounts to approximately rmb5,360.6 million . Announce successful bidding for acquisitions by triumphant and capital injections by guangzhou xinpei .Triumphant ally, is owned as to 51% by keen link, a unit, and as to 49% by excel, unit of cmsiz.  Full Article

New World Development says unit entered into sale and purchase agreement
Tuesday, 15 Nov 2016 09:11am EST 

New World Development Co Ltd <0017.HK>: Purchaser (unit of co) and vendor (unit of CTFE) entered into sale and purchase agreement . Consideration for acquisition will be funded by internal resources and bank financing of NWS group . Deal at a total consideration of hk$1.38 bln .Unit agreed to purchase sale shares, representing 50% of entire issued share capital of nws transport services.  Full Article