New World Development Co. Ltd (NDVLY) Exchange: PINK

New World Development Company Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong, Mainland China, and internationally. Its property portfolio comprises residential estates, office buildings, shopping centers, hotels, service apartments, and convention centers. The company is also involved in contracting activities; provision of property and facility management, transport, and other services; and infrastructure operations, including the operation of toll roads and bridges, power plants, water treatment, waste management plants, container handling, logistics, and warehousing services. In addition, it operates hotels, restaurants, hostel, department stores, golf club and resort, shopping mall, and art derivatives; provides telecommunication services; and invests, operates, markets, promotes, and manages Hong Kong convention and exhibition centre. Further, the company engages in general trading, construction and civil engineering, building construction, consumer products retail, estate agency, marketing and promotion, property agency management and consultancy, liquor and tobacco sale, carpark management, piling and ground investigation, land development, bond issuing, and arts and crafts collection sale and leasing activities, as well as in foundation works. Additionally, it provides management, management consultancy, financial, nominee, hotel management and consultancy, project management and consultancy, business and investment consultancy, and advertising and media related services; loyalty program; and information technology solutions. As at June 30, 2014, the company had a landbank of approximately 7.6 million square feet in Hong Kong; and operated and managed 39 self-owned stores and 4 managed stores in 21 cities in Mainland China. It also had a total of 17 hotels providing 7,600 guest rooms in Hong Kong, Mainland China, and Southeast Asia. The company was founded in 1970 and is based in Central, Hong Kong.