New World Development (HK:0017) has released an update.
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New World Development Company Limited has announced significant changes to its leadership team, including the resignation of Dr. Cheng Chi-Kong, Adrian as CEO to focus on public service and personal commitments, transitioning to a non-executive role. Mr. Ma Siu-Cheung steps in as the new CEO and chair of the Sustainability Committee. Trading of the company’s shares and bonds, which was halted for the announcement, will resume following these leadership adjustments.
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