New World Development (0017) Issues Clarification on Potential New Investors

Bulletin Express01-29

New World Development Company Limited (the “Company”) (Stock Code: 0017) announced that its controlling shareholder, Chow Tai Fook Enterprises Limited (“CTFE”), has been approached by several potential investors regarding possible investments. According to CTFE, no agreement has been reached with any of these parties, and there are no confirmed details on the amount, nature, or form of any investment. There is also no assurance that such potential investments will proceed.

The Company states that it is not aware of any information requiring disclosure to avoid a false market in its securities, nor any other inside information subject to relevant listing and regulatory requirements. Further announcements will be made in accordance with applicable rules and regulations if necessary.

The Company advises shareholders, debt holders, and potential investors not to rely on market rumors, emphasizing that any information should be based on official announcements issued by the Company. All parties are reminded to exercise caution when dealing in the securities of the Company.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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