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NWD: No Deal Yet with Airport Authority HK on 11 SKIES Project
NEW WORLD DEV (00017.HK) announced that the Company is aware of media speculations concerning potential investments into the Company, the Group’s “11 Skies” proje...
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NWD: No Deal Yet with Airport Authority HK on 11 SKIES Project
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NEW WORLD DEV (00017.HK)  +0.490 (+6.042%)    Short selling $8.87M; Ratio 13.621%   announced that the Company is aware of media speculations concerning potential investments into the Company, the Group’s “11 Skies” project and the Group’s financing arrangement.

The Company clarified that there has been no material developments to the matters set out in the Company’s announcement dated 30 January 2026; and no agreement has been reached with any potential investor, including with respect to the amount, nature or form of any such potential investment into the Company.

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With respect to the Group’s “11 Skies” project, the Company has been in discussions with Hong Kong Airport Authority (AAHK) to revisit and/or explore any possibility for changes in the contractual arrangements relating to the “11 Skies” project. Such discussions are ongoing and no agreement has been reached with AAHK in relation to any changes to such contractual arrangements relating to the “11 Skies” project.

With respect to the Group’s financing arrangements, the Group will manage its financing arrangement with lenders as part of the Group’s ordinary course of business, and is not aware of any deadline for resetting the Group’s financing terms.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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