new world development (17) Details

New World Development Company Limited, an investment holding company, engages in the property development, investment, and management activities. The company’s property portfolio includes residential estates, office buildings, shopping centers, convention centers, and service apartments. It is also involved in contracting activities; provision of property and facility management, transport, and other services; and infrastructure operations, including the operation of roads, power plants, water treatment, waste management plants, container handling, logistics, and warehousing services. In addition, the company operates hotels, restaurants, hostel, department stores, golf club, toll bridge, toll roads, logistics centre, and pharmaceutical chain stores; provides telecommunication services; explores wireless telecommunication network; invests, operates, markets, promotes, and manages Hong Kong convention and exhibition centre; and develops, produces, and sells heat transfer device and class A pressure vessel component. Further, the company engages in the general trade; construction and civil engineering; building construction; retail of consumer products; estate agency; property agency management and consultancy; sale of liquor and tobacco; carpark management; piling and ground investigation; land development; foundation works; bond issuance; and financing activities. Additionally, the company provides management, management consultancy, financial, nominee, hotel management, project management and consultancy, business consultancy, and advertising and media related services; loyalty programme; and information technology solutions. As at June 30, 2012, it had a landbank of approximately 9.4 million square feet in Hong Kong; operated and managed a total of 39 stores in 18 cities in Mainland China; and had a total of 16 hotels providing 7,235 hotel rooms in Hong Kong, Mainland China, and southeast Asia. The company was founded in 1970 and is based in Central, Hong Kong.

new world development (17) Top Compensated Officers