NWD Issues Clarification: No Deals Reached on Potential Investments, “11 Skies” Talks or Financing Resets

Bulletin Express05-14

New World Development Company Limited (NWD) released a voluntary clarification on 14 May 2026 addressing recent market rumours about three areas—equity injection, the “11 Skies” project and financing terms.

Potential investment into NWD • The controlling shareholder, Chow Tai Fook Enterprises Limited, confirmed that there has been no progress beyond the matters announced on 30 January 2026. • No agreements—covering amount, nature or form—have been reached with any prospective investor.

“11 Skies” project negotiations • Consistent with the 2025 Annual Report, NWD remains in discussion with Hong Kong Airport Authority (AAHK) to revisit contractual arrangements for the “11 Skies” development. • Talks are ongoing and no revised terms have been agreed.

Group financing arrangements • Management stated that funding discussions with lenders continue in the ordinary course of business. • The Group is unaware of any deadline for resetting financing terms.

Regulatory compliance and cautionary note NWD will release further announcements in line with Hong Kong listing rules and applicable regulations. Shareholders, debt holders and prospective investors are urged to disregard market speculation and rely solely on official company disclosures when dealing in NWD securities.

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