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Adrian Cheng's K11 Reportedly Participates in 'BRI' Malaysia Port Project
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K11 Group, a company owned by Adrian Cheng, Non-executive Vice-chairman of NEW WORLD DEV (00017.HK), will jointly acquire land in Pahang, Malaysia with Shanghe Holding Development and a company under China Chang Kun Industry, according to Chinese media.

The project will be named as “Canglong Harbor” (literal translation of 倉龍港"), while K11 Group will be responsible for the management of Canglong Harbor's commercial complex, and for the day-to-day operation and management of all aspects of the commercial sector.

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The investment is regarded as an important port terminal project under the Belt and Road Initiative (BRI), according to the report.
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