{"id":148230,"date":"2024-11-21T18:30:09","date_gmt":"2024-11-21T11:30:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-to-focus-on-debt-management-before-pursuing-ma-cheng-says\/"},"modified":"2024-11-21T20:36:35","modified_gmt":"2024-11-21T13:36:35","slug":"new-world-development-to-focus-on-debt-management-before-pursuing-ma-cheng-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-to-focus-on-debt-management-before-pursuing-ma-cheng-says\/","title":{"rendered":"New World Development to focus on debt management before pursuing M&A, Cheng says"},"content":{"rendered":"


\nDeveloper is focused on liability management following a management shake-up in September to steady the ship, chairman Henry Cheng says.
\n
\nSource : South China Morning Post
\nRead more…New World Development to focus on debt management before pursuing M&A, Cheng says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developer is focused on liability management following a management shake-up in September to steady the...<\/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-148230","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-CyO","jetpack-related-posts":[{"id":169746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chow-tai-fooks-henry-cheng-reveals-hong-kong-empires-win-win-investment-philosophy\/","url_meta":{"origin":148230,"position":0},"title":"Chow Tai Fook\u2019s Henry Cheng reveals Hong Kong empire\u2019s win-win investment philosophy","date":"January 19, 2026","format":false,"excerpt":"\r Chow Tai Fook Enterprise (CTFE), the parent of embattled New World Development (NWD), will keep pursuing deals that create \u201cwin-win outcomes\u201d, chairman Henry Cheng Kar-shun said as he revealed the private investment holding company\u2019s philosophy for the first time. While all investors love to talk about mutual benefit, Cheng\u2026","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":148230,"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":172696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen\/","url_meta":{"origin":148230,"position":2},"title":"Adrian Cheng, former scion of Hong Kong\u2019s NWD, expands K11 brand in Xiamen","date":"October 5, 2026","format":false,"excerpt":"\r Adrian Cheng Chi-kong, former heir apparent to Hong Kong\u2019s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family\u2019s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng\u2019s K11 by AC Group along\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheng-family-scion-helps-chiaphua-focus-on-vietnam\/","url_meta":{"origin":148230,"position":3},"title":"Cheng family scion helps Chiaphua focus on Vietnam","date":"January 11, 2016","format":false,"excerpt":"\r Jonathan Cheng, a member of the third generation of the family that runs 110-year-old conglomerate Chiaphua Group, manages the family\u2019s US$100 million Jen Capital Vietnam Property Fund.\r \r Source : South China Morning Post\r Read more...Cheng family scion helps Chiaphua focus on Vietnam","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124207,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ma-activity-of-chinese-property-management-firms-poised-to-jump-this-year-amid-rush-to-raise-much-needed-cash\/","url_meta":{"origin":148230,"position":4},"title":"M&A activity of Chinese property management firms poised to jump this year amid rush to raise much-needed cash","date":"January 12, 2022","format":false,"excerpt":"\r The property management units of struggling Chinese developers will engage in more mergers and acquisitions to generate much-needed cash this year, analysts forecast.Meanwhile, their healthier peers are poised to tap capital markets to raise the funds to buy some of their offloaded assets.The number of M&A deals and the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45122,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-net-profit-surges-31-per-cent-as-chairman-cheng-kar-shun-recovering-very-well\/","url_meta":{"origin":148230,"position":5},"title":"New World Development net profit surges 31 per cent as chairman Cheng Kar-shun \u2018recovering very well\u2019","date":"February 22, 2017","format":false,"excerpt":"\r Billionaire Henry Cheng Kar-shun\u2019s New World Development reported better-than-expected earnings for the first half of the current financial year. The Hong Kong real estate developer saw its net profit climb 31.4 per cent to HK$4.3 billion (US$ 559 million) in the six months ended December 31, the company said\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\/148230"}],"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=148230"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148230\/revisions"}],"predecessor-version":[{"id":148231,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148230\/revisions\/148231"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}