{"id":160309,"date":"2025-09-02T10:54:44","date_gmt":"2025-09-02T03:54:44","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-says-it-has-not-received-proposal-from-cheng-family-on-capital-injection\/"},"modified":"2025-09-02T10:55:23","modified_gmt":"2025-09-02T03:55:23","slug":"nwd-says-it-has-not-received-proposal-from-cheng-family-on-capital-injection","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-says-it-has-not-received-proposal-from-cheng-family-on-capital-injection\/","title":{"rendered":"NWD says it has not received proposal from Cheng family on capital injection"},"content":{"rendered":"<p>&#013;<br \/>\nNew World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from its controlling shareholder, the billionaire Cheng family, on a capital injection.<br \/>\n\u201cSave that the company is in discussions with respect to a loan facility led by Deutsche Bank as part of the company\u2019s ordinary course financing activities, the company has not received any funding proposal as alleged in the rumours,\u201d NWD said on Monday night.<br \/>\nNWD\u2019s shares fell 2.7 per cent&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/news\/hong-kong\/article\/3323995\/nwd-says-it-has-not-received-proposal-cheng-family-capital-injection?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">NWD says it has not received proposal from Cheng family on capital injection<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New World Development (NWD) shares dropped on Tuesday after the property developer said it has&#46;&#46;&#46;<\/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-160309","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-FHD","jetpack-related-posts":[{"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":160309,"position":0},"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 &quot;Property News&quot;","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":160309,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-says-it-will-create-shared-value-as-it-takes-control-of-state-theatre-building-site\/","url_meta":{"origin":160309,"position":2},"title":"Hong Kong developer NWD says it will \u2018create shared value\u2019, as it takes control of State Theatre Building site","date":"October 8, 2020","format":false,"excerpt":"\r The conservation of the 68-year-old State Theatre in Hong Kong\u2019s North Point district will be the highlight of property company New World Development\u2019s (NWD) redevelopment plan, according to its executive vice-chairman.The developer, which is worth HK$99.7 billion (US$12.9 billion), was pursuing financial success as well as social benefits with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-shares-jump-after-market-views-likely-stake-sale-to-new-investor-as-positive\/","url_meta":{"origin":160309,"position":3},"title":"NWD shares jump after market views likely stake sale to new investor as positive","date":"January 29, 2026","format":false,"excerpt":"\r The potential sale of a stake in New World Development (NWD) to new investors will help the embattled Hong Kong-listed developer improve its balance sheet and liquidity, benefiting creditors and shareholders alike, according to analysts. It was reported earlier that New York-based private equity giant Blackstone was interested in\u2026","rel":"","context":"In &quot;Property News&quot;","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":160309,"position":4},"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 &quot;Property News&quot;","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":160309,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160309"}],"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=160309"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160309\/revisions"}],"predecessor-version":[{"id":160310,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160309\/revisions\/160310"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}