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【港股通】新世界发展(00017)跌5.99% 4.17亿元出售启德体育园项目 传行政总裁马绍祥料将卸任

[Hong Kong Stock Connect] New World Development (00017) fell by 5.99%, selling the Kai Tak Sports Park project for 0.417 billion yuan. It is rumored that the CEO, Ma Shaoxiang, is expected to step down from his position.

Jinwu Financial News ·  Nov 29, 2024 01:32

Jinwu Financial News | The stock price of New World Development (00017) declined. As of press release, it fell 5.99% to HK$6.43, with a turnover of HK$0.112 billion.

According to the news, the company announced a connected transaction to sell 75% of the Kai Tak Sports Park project-KTSPL shares to the main shareholder, Chow Tai ?$#@$ (01929), at a cost of 0.417 billion yuan. The net proceeds will be allocated to general working capital. The remaining 25% of KTSPL's shares are held by Newly Created Group (00659). The statement said that since the Kai Tak Sports Park is expected to open in January 2025, it is estimated that additional external financing may be required to support the initial operation of the Kai Tak Sports Park, which is not in line with the Group's current deleveraging policy.

Furthermore, it was recently rumored that New World Development CEO Ma Shaoxiang is expected to step down. The company expects to issue a statement on Ma Shaoxiang's resignation as early as Friday afternoon.

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