Chow Tai ?$#@$ (01929) rose nearly 6% in the intraday period. As of press release, it rose 4.24% to HK$7.86, with a turnover of HK$0.188 billion.
The Zhitong Finance App learned that Chow Tai ?$#@$ (01929) rose nearly 6% in the intraday period. As of press release, it had risen 4.24% to HK$7.86, with a turnover of HK$0.188 billion.
According to the news, New Creation Group announced that it is proposed to change the company's English name from “NWS Holdings Limited” to “CTF Services Limited” and adopt “Chow Tai ?$#@$ Foundations Co., Ltd.” as the company's second Chinese name to replace the existing Chinese name for identification purposes. In addition, the appointment of the company's executive director Lin Zhan will be changed from Chief Financial Officer to Chief Operating and Finance Officer on October 1.
Meanwhile, New World Development announced that discussions are ongoing on the potential sale of all of the Group's shares in KTSPL to Chow Tai ?$#@$. According to reports, KTSPL was awarded a contract for the design, construction and operation of Kai Tak Sports Park in 2018. The company currently holds 75% of the shares in a wholly-owned subsidiary of New World and 25% of the shares in the creation of a new wholly-owned subsidiary.