NEW WORLD DEVELOPMENT CO LTD
17 | HONG KONG EXCHANGES AND CLEARING LTDBusiness 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.
Country of Incorporation
Hong Kong
Incorporation Date
1970-05-29
Business Sector
Real Estate
Company Address
30/F., New World Tower, 18 Queen's Road Central, Central
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