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New World Development Posts $2.1 Billion Loss as Woes Persist

(Bloomberg) -- New World Development Co. posted a second straight year of losses as debt pressures and a weak property market took a toll on the distressed Hong Kong builder. The developer controlled ...
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New World Development Secures HKD 5.9 Billion Loan Facility

Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. New World Development ( (HK:0017)) just ...
Barron's

Hong Kong's New World Development Posts $2.1 Bn Loss On Falling Revenue

Debt-heavy Hong Kong property firm New World Development reported an annual loss of $2.1 billion dollars on Friday, its second consecutive year of losses, after a sharp decline in revenue. The ...
Reuters

New World Development secures up to $758 million loan from Deutsche Bank

Sept 25 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab said on Thursday it had secured a term loan facility of up to HK$5.9 billion ($758.62 million) from ...
Bloomberg L.P.

New World Posts $2.1 Billion Loss as Builder’s Woes Persist

New World Development Co. posted a second straight year of losses as debt pressures and a weak property market took a toll on the distressed Hong Kong builder. The developer controlled by the ...