News

By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...
Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July ...
Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...
Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ...
The sale coincides with New World Development recently concluding an $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.
Distressed Hong Kong builder New World Development Co. has closed a HK$88.2 billion ($11.2 billion) loan refinancing deal, formally concluding months of negotiations with banks for the largest-ever ...
New World Development borrowed money for projects that people inside and outside the company have characterised as ...
With a strong sales response for its jointly owned Deep Water Pavilia project in Wong Chuk Hang on the south side of Hong ...
Hong Kong's New World Development is actively negotiating with creditors to refinance substantial loans amidst growing ...
Hong Kong builder New World Development said on Monday it had received commitments for a HK$88.2 billion ($11.24 billion) loan refinancing, as the builder finalises a crucial lifeline in a distressed ...