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New World Development Company Ltd.
30F, New World Tower, 18 Queen's Road Ce
Phone: +852 25231056p:+852 25231056 Hong Kong Ticker: 1717

Business Summary
New World Development Co Ltd is an investment holding company mainly engaged in the property development. The Company operates its business through eight segments. The Property Development segment engages in the construction of the residential units, including MOUNT PAVILIA, The Masterpiece, FLEUR PAVILIA and the Double Cove series, among others. The Construction segment constructs commercial and residential projects, and government and institutional related projects. The Insurance segment sells life insurance and medical insurance products. The Property Investment segment engages in the property investment, its property investment portfolio includes commercial buildings and offices. The Roads segment operates toll roads and expressways. The Hotel Operations segment operates hotel business in China and Southeast Asia. The Aviation segment engages in commercial aircraft leasing business. The Other segment is engaged in facility management and free duty business.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/20236/30/2023YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board KarshunCheng 76 3/1/2012 10/1/1972
Chief Executive Officer, Executive Vice Chairman of the Board Chi-KongCheng 43 5/1/2020 3/16/2007
Non-Executive Vice Chairman of the Board Wai-HoiDoo 79 7/1/2013 7/1/2013
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Nwd Mtn Ltd 30F, New World Tower Hong Kong

Business Names
Business Name
0017
00173
17
6 additional Business Names available in full report.

General Information
Number of Employees: 13,000 (As of 12/31/2023)
Outstanding Shares: 2,516,600,000 (As of 12/31/2023)
Shareholders: 3,553
Stock Exchange: HKG
Fax Number: +852 28104673


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Thursday, March 28, 2024