{"id":147180,"date":"2024-09-25T16:52:08","date_gmt":"2024-09-25T09:52:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-to-step-down-as-new-world-ceo-likely-to-be-replaced-by-coo-eric-ma-sources\/"},"modified":"2024-09-25T23:02:09","modified_gmt":"2024-09-25T16:02:09","slug":"adrian-cheng-to-step-down-as-new-world-ceo-likely-to-be-replaced-by-coo-eric-ma-sources","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-to-step-down-as-new-world-ceo-likely-to-be-replaced-by-coo-eric-ma-sources\/","title":{"rendered":"Adrian Cheng to step down as New World CEO, likely to be replaced by COO Eric Ma: sources"},"content":{"rendered":"


\nCheng, born in 1979, will become the non-executive vice-chairman of New World, giving up his title of chief executive officer, sources say.
\n
\nSource : South China Morning Post
\nRead more…Adrian Cheng to step down as New World CEO, likely to be replaced by COO Eric Ma: sources<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cheng, born in 1979, will become the non-executive vice-chairman of New World, giving up his...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-147180","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ChS","jetpack-related-posts":[{"id":147192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-promotes-eric-ma-to-ceo-replacing-adrian-cheng-after-record-loss\/","url_meta":{"origin":147180,"position":0},"title":"Hong Kong\u2019s New World promotes Eric Ma to CEO, replacing Adrian Cheng after record loss","date":"September 26, 2024","format":false,"excerpt":"\r Adrian Cheng Chi-kong stepped down as New World\u2019s CEO, handing over to Eric Ma Siu-cheung the job that he had held for four years.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s New World promotes Eric Ma to CEO, replacing Adrian Cheng after record loss","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-leaves-new-world-after-securing-funding-lifeline\/","url_meta":{"origin":147180,"position":1},"title":"Adrian Cheng leaves New World after securing funding lifeline","date":"June 30, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong, the third generation scion of New World Development (NWD), has left the company after the Hong Kong developer successfully refinanced its debt and concluded months of negotiations that pulled it back from the brink of default. Cheng resigned as non-executive director of NWD, effective July 1,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-signs-retail-partnership-with-wafi-group-headed-by-dubai-royal\/","url_meta":{"origin":147180,"position":2},"title":"Adrian Cheng signs retail partnership with Wafi Group, headed by Dubai royal","date":"December 11, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city\u2019s top shopping destinations. Cheng and Dubai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-exits-as-ctfe-director-ending-role-in-hong-kong-family-empire\/","url_meta":{"origin":147180,"position":3},"title":"Adrian Cheng exits as CTFE director, ending role in Hong Kong family empire","date":"September 4, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong is no longer a director of New World Development parent company Chow Tai Fook Enterprises (CTFE), cutting the last tie that connected the former heir apparent to one of the city\u2019s most powerful business empires. His name is no longer listed as a director, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161317,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-focuses-on-transformative-industries-under-new-firm-almad-group\/","url_meta":{"origin":147180,"position":4},"title":"Adrian Cheng focuses on \u2018transformative industries\u2019 under new firm ALMAD Group","date":"September 21, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong has launched a new business focused on \u201ctransformative industries\u201d, including culture and healthcare, nearly three months after the third-generation scion of New World Development (NWD) left the company. His new enterprise, ALMAD Group, will target markets in Southeast Asia and the Middle East, as well as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-new-worlds-damage-control-measures-in-the-wake-of-the-pavilia-farm-debacle-enough-experts-weigh-in-on-the-issue\/","url_meta":{"origin":147180,"position":5},"title":"Are New World\u2019s damage-control measures in the wake of The Pavilia Farm debacle enough? Experts weigh in on the issue","date":"July 10, 2021","format":false,"excerpt":"\r New World Development\u2019s decision to tear down and rebuild two of the seven blocks at The Pavilia Farm residential project in Tai Wai has shocked Hong Kong, wiping out more than HK$6.6 billion (US$850 million) in market value in just two days.The market is closely watching how CEO and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147180"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=147180"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}