New World China Land

Overview

New World China Land Limited

trade name	New World China
predecessor	Division of New World Dev.
founder	New World Development
type	subsidiary (formerly listed)
traded as	sehk: 917 (former)
area served	Mainland China
key people	Henry Cheng (Chairman)
industry	Real estate
brands	NWCL
revenue	HK$17 billion
revenue year	2014–15
net income	HK$3 billion
net income year	2014–15
assets	HK$134 billion
assets year	2014–15
equity	HK$61 billion
equity year	2014–15
owner	New World Dev.
parent	New World Dev.
subsid	New World China Property New World Development (China) etc.
foundation	August 28, 1996
website	http://www.nwcl.com.hk/
footnotes	in consolidated financial statement; financial year ended on 30 June each year‡R1R‡

New World China Land Limited is a wholly owned subsidiary of Hong Kong–based conglomerate New World Development, itself part of Chow Tai Fook group. New World China Land was spin off from New World Development in 1999 as a separate listed company.[2] However, it was privatized again by New World Development in 2016.[3] New World China Land is headquartered in 9/F, New World Tower 1, on 8 Queen's Road Central, Hong Kong Island.

History

New World China Limited is a company incorporated in the Cayman Islands as an exempted company, the legal name for the offshore company in that territory, on 28 August 1996. The company was registered in Hong Kong as a "registered non-Hong Kong company" on 17 May 1999.[4] It became a listed company on 16 July 1999 as New World China Land Limited,[5]

New World China Land

History

Legacy

See also

External links

References