New World Development Completes Equity Sale
Company Announcements

New World Development Completes Equity Sale

New World Development (HK:0017) has released an update.

New World Development Company Limited has successfully completed the sale of a 30% equity interest in Sky Treasure Development Limited. The transaction, previously outlined in company circulars and followed by shareholder approval, was finalized on August 27, 2024. This marks a significant move for the company, reshaping its investment portfolio and potentially impacting its financial future.

For further insights into HK:0017 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskNew World Development Reveals Leadership Structure
TipRanks HongKong Auto-Generated NewsdeskNew World Development Strengthens Audit Committee Oversight
TipRanks HongKong Auto-Generated NewsdeskNew World Development Plans AGM and Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App