BRIEF-New World Development Co Says It Is In Discussion With Chow Tai Fook Enterprises

Reuters
26 Sep 2024

Sept 26 (Reuters) - New World Development Co Ltd

:

* VOLUNTARY ANNOUNCEMENT

* IS IN DISCUSSION WITH CHOW TAI FOOK ENTERPRISES LIMITED

* DISCUSSION FOR POTENTIAL DISPOSAL OF ALL ITS EQUITY INTEREST HELD IN KAI TAK SPORTS PARK

* DISCUSSION FOR POTENTIAL DISPOSAL OF ALL ITS EQUITY INTEREST HELD IN KAI TAK SPORTS PARK LIMITED

* NO LEGALLY BINDING AGREEMENT HAS BEEN ENTERED INTO BETWEEN GROUP AND CTFE

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