NWS and NWDS FY2007 annual reports won awards in the 22nd International ARC Awards. NWS won the Bronze Award in "Cover Design: Infrastructure" while NWDS won the Bronze Award for "Interior Design: Retail" and the Honors Award for "Cover Photo/Design: Retail - Convenience & Dept. Store".

New World Strategic Investment Limited ("NWSI") completed the investment in Biomax Environment Holdings Limited ("Biomax"). NWSI's investment in Biomax amounted to approximately RMB200 million.

NWD, Hong Kong United Youth Association, China Association for Science and Technology, HK Chamber Of Commerce in China-Shanghai jointly organized a "New Youth New World" Beijing-Shanghai Summer Internship Tour, offering a six-week internship in Beijing and Shanghai for 168 university students. The tour is also co-organized by the China Young Leaders Foundation.

NWCL acquired the site, north of Lincheng Street in Qianshan District High-Tech Industrial Zone in Anshan, Liaoning, with the total premium amounts to RMB 399.8 million. The land, with an area of 228,000 sq m, would be developed into a middle to high-end residential area.

NWD FY2007 Annual Reports won the Gold Award in the category of "Annual Report - Overall Presentation:Corporations", while that of NWS won the Bronze Award in the same category. NWS has also won "Annual Report - Photography" Gold Award and NWCL won the Silver Award in the category of "Annual Report - Cover".

NWD, together with Dr Henry Cheng, Managing Director of NWD, on his behalf have donated more than RMB 50 million, and have donated 300 sets of wireless communication equipment which are worth RMB 15 million to the front-line rescuing team, supporting the disaster-relief effort in the affected areas. Meanwhile, NWCL initiated staff members in regional offices to participate in the donation activities, including donating bloods and raising funds, as well as sourcing other resources and drugs in need to the affected areas. Other subsidiaries in the Group have also been actively supporting the relief work through various ways, to encourage employees to support the earthquake relief work in Sichuan.

NWD and China Young Leaders Foundation joined hands with Hong Kong Youth Arts Foundation to launch an exhibition project namely "People Power In A New World" Youth Arts Exhibition.

NWS acquired stake in Chongqing Water Group ("CWG"). Together with SUEZ Environment, the Group signed a strategic cooperation agreement and a share purchase agreement with CWG, becoming the strategic investment partner of the latter.

New World Development Company Limited joined hands with Tuen Mun Youths Association to set up a social enterprise named "Road to Green - Striving for a Young New World".

FY2007 Annual Reports of New World Development Company Limited, New World China Land Limited and New World Department Store China Limited have won International Mercury Awards.

New World Group and its 25 group companies were awarded as Caring Companies, recognizing their achievement in corporate social responsibility.

First "New World Mathematics Awards" announced in Hangzhou, China on 17 December 2007.

NWD signed an agreement with Hyatt Hotels & Resorts on 29 November 2007. Hyatt will manage a luxurious 384-room Hyatt Regency Hotel, which is part of the prestigious mixed-used complex in Hanoi Road, Kowloon.

A topping-out ceremony was held for The Chinese University of Hong Kong's teaching hotel which is developed by New World Development Company Limited on the campus of CUHK. The hotel is expected to be completed by the end of 2008.

New World China Land was awarded the "2007 Leading Overseas Corporate Brand investing in China Real Estate" in Beijing by "China Real Estate Top10 Research Team" in its latest brand value research report. NWCL has been four years in a row in the list of the "Top10 National Real Estate Developers Brand Value" category.

NWCL FY2006 Annual Report has won the Honors for "Overall Annual Report" in the International ARC Awards

New World Department Store China Limited (Hong Kong stok code:0825) was listed on HKSE

New World Group contributed RMB50 million for the Beijing Olympic National Aquatics Centre

Over 2,000 staff members of New World Group joined the "MSF Day 2007", raising a sum of HK$520,000. The Group has contributed the highest amount to the event for the second consecutive year and was also the corporation with the highest number of participants

The FY2006 Annual Reports of NWCL and NWSH have won the Gold Awards in the category of "Annual Reports - Overall Presentation - Corporate" and "Covers: Annual Report" respectively at the 17th International Astrid Awards

New World Group and the State Administration of Foreign Experts Affairs signed new agreement for "New World/ Harvard Kennedy School of Government Fellows Program"

New World Group launched "New World Young Leaders" to support the nurture of future leaders in Hong Kong and Mainland China

NWD donated HK$5 million to Wu Zhi Qiao (Bridge to China) Charitable Foundation as the Foundation's seed money

NWD FY2006 Annual Report won the Silver Award in the category of "Annual Report - Overall Presentation: Holdings & Property Development" while that of NWCL won the Bronze Award in the category of "Design: Annual Report - Interior" in the 20th International Mercury Awards

Renaissance Harbour View Hotel, Hong Kong was named Hotel of the Year by Marriott International Lodging for 2006.

New World Group and its 25 group companies are awarded as Caring Companies, recognising their achievement in corporate social responsibility

NWCL was awarded "2006 China Outstanding Real Estate Corporate Citizen" award by national Corporate Citizen Committee and national media "China Real Estate Business"

Wuhan New World Centre of NWCL was awarded the "2006 -2007 China Top10 New Landmark Building".

NWD's The Grandiose in Tseung Kwan O was awarded "Top Ten Property Marketing Projects" and "Top Ten Property Sales Brochures" by The Hong Kong Institute of Surveyors while The Merton in Sheung Wan also won "Top Ten Property Marketing Projects Award" and "Top Ten Flat Layouts Award".

NWSH was garnered Corporate & Public Category - Financial Award in the Asia Pacific PR Awards 2006.

The Board of Directors of NWSH was presented the Directors of the Year Awards - Listed Companies (SEHK - Non Hang Seng Index Constituents) Boards by the Hong Kong Institute of Directors on 21 November 2006. and its outstanding management team.

NWD and MSF jointly organized "New World MSF Day" on 13 October 2006. HK$300,000 was raised and the Group was the corporate contributing the highest amount to the event.

NWCL was awarded the "2006 Leading China Real Estate Company Brand" "China Real Estate Top10 Research Team".

NWCL was named "2006 China Blue Chip Real Estate Corporation" by national financial newspapers "The Economic Observer" and Sina.com. NWCL is the only Hong Kong and overseas developer among a group of 18.

NWSH signed the joint venture agreement with a subsidiary of the Ministry of Railways, China Railway Container Transport Corp. Ltd., and other joint venture parties to set up a joint venture enterprise, China United International Rail Containers Co., Limited, which is a 50-year joint venture to develop and manage 18 large-scale pivotal rail container terminals in 18 major cities in Mainland China.

New World Group triumphed in the International ARC Awards 2006. NWCL and NWD FY2005 Annual Reports won the Gold and Silver Awards respectively in "Overall Annual Report: Real Estate Development/ Service" category. NWSH FY2005 Annual Report was honoured with Silver Award in Interior Design and Honor in Cover Design/Photo in the "Conglomerate" sector.

New World Central Park-view of NWCL was voted the "Most Satisfied Luxurious Residential Community of Guangzhou" by a poll organized by the Guangdong Provincial Research Centre.

Palm Island Resort of NWCL in Huiyang won the "Outstanding Resort Club" Award in the 2006 Hong Kong Golf Media Golden Globe Award, hosted by the Association of Hong Kong Golf Media.

NWCL donated RMB one million dollars to Tianjin Disabled Person Foundation.

New World Mayfair Hotel Shanghai won Bronze prize in the prestigeous international 2005 Adrain Awards in the Web-Marketing category. At the same time, the Hotel also won the title of "Best Business Hotel in Shanghai".

Dr Cheng Kar-Shun, Henry, Managing Director of New World Development ("NWD") was presented "The Award of Yan-Huang" by the State Administration of Foreign Experts Affairs to commend his contribution to talent training in Mainland China through "New World Training Programme for Senior Government Officials".

The merger of the mobile telecommunications businesses of New World PCS Limited and Hong Kong CSL Limited completed. The merged group is named as the "CSL New World Mobility Group", with New World Mobile Holdings Limited holding its 23.6% interest.

NWD and its 25 group companies were awarded the Caring Company Logo, recognizing our outstanding performance in corporate performance in corporate social responsibility.

Hong Kong Convention and Exhibition Centre ("HKCEC") was once again voted the most popular exhibition venue in the Asia-Pacific region in the 2005 industry survey conducted by CEI Asia Pacific magazine.

Beijing-Zhuhai Expressway (Guangzhou-Zhuhai Northern Section) commenced operation. Its maximum capacity can be as high as 120,000 vehicles/day.

Cheng Yu Tung Foundation donated HK$30 million to The Chinese University of Hong Kong for its academic and research development, and to promote academic exchanges.

NWS Holdings won the first runner-up for "Private Sector Department of the Year" in the prestigious Asia Pacific PR Awards 2005.

New World China Land ("NWCL") was ranked first in "2005 Top10 China's Real Estate Company Brand Value" event in Beijing by "China Real Estate Top10 Research Team". NWCL was the only Hong Kong developer among the local awardees.

NWD was presented with Community Chest "Award of Distinction" in recognition of our contributions for their 2004/2005 campaign year.

NWD won awards in the International ARC Awards 2005, with NWCL being awarded for three consecutive years. NWCL's FY2004 Annual Report won the Honours Award in "Overall Annual Report: Construction/ Engineering" category; while NWTMT's FY2004 Annual Report, together with "New World TMT Review" won the Silver Award in "Overall Annual Report : Printing & Publishing" category.

NWS Holdings signed a letter of intent with China Railway Container Transport Corp. Ltd., established in Mainland China by the Ministry of Railways, and other independent third parties to set up a 50-year joint venture to develop, operate and manage 18 large-scale pivotal rail container terminals in 18 major cities of Mainland China.

Shanghai Hong Kong New World Tower and Wuhan New World Trade Centre were awarded the "2004 China Top10 New Landmark Building".

HKCEC's plan to expand it atrium link by adding 19,400 sq m or 30% of exhibition space was approved by the Town Planning Board.

Dr Cheng Kar Shun, Henry, Chairman of NWS Holding, was presented with the Legion d'Honneur by Mr Francois Loos, Minister Delegate for Industry of France. The honour, which is France's highest decoration, recognizes Dr Cheng's contribution to Sino-French economic development through active investments by Sino-French Holdings (Hong Kong) Limited ("Sino-French Holdings") in public utilities across Mainland China and Macau.

NWD was re-incorporated as a constituent stock of the benchmark Hang Seng Index.

Customer base of New World Mobility exceeded 1,350,000.

NWD and Shanghai Industrial jointly invested US$ 3 million into Shinhint Acoustic Link Holdings Ltd., a Hong Kong based integrated manufacturing services provider for ODM/OEM production of electro-acoustic consumer products.

New World Mobility was awarded the "Reader's Digest SuperBrand 2005" - Gold Award.

Wuhan New World International Trade Centre was opened.

Following its disposal of interests in Container Terminal No. 3 and No. 8 West, NWS Holdings streamlined its previous Service, Infrastructure and Ports businesses into two divisions: Infrastructure and Service & Rental. The Infrastructure division consists of Energy, Roads, Water and Ports segments while the Service & Rental division comprises Facilities Rental, Contracting and Transport etc.

NWD and Prax Capital jointly invested US$ 12 million into Zhejiang Tianneng Battery Co. Ltd., the largest producer of electric bicycles batteries in China.

NWD and its 20 group companies were awarded the Caring Company Logo, recognizing our outstanding performance in corporate social responsibility.

NWCL entered into an agreement with Beijing Bank to purchase the remaining of the majority equity interest in a Dalian mixed use project. As a result, NWCL became the sole owner and developer of a mixed use project still in development, and the majority owner of Dalian New World Hotel. The project is located in the thriving centre of Renmin Road, Zhongshan district.

Dr Henry Cheng, NWCL Chairman and Managing Director, was named the first person in "Top10 Most Outstanding National Figures in Real Estate" by various institutions include Beijing University and other media and communication groups.

New World Group and its employees donated over HK$4.2 million to support relief operations in Tsunami-hit South Asian Countries.

New World Mobility received the "Hong Kong Merchants of Integrity Award (2004 - 2005)" organized by Guangzhou Daily, with the highest votes in the "Telecommunications & Equipments" category

New World Telecom joined forces with Global Crossing to deliver the worldwide MPLS IP VPN and IPLC services to multinational enterprises.

NWCL was awarded both the "2004 Top10 Developers in Advancing China Urbanization" and "2004 Top10 Developers in Advancing the Land Market" by the academic body China Land Science Society under the Ministry of Land and Resources, and the national press China Real Estate Business.

New World China Land Beijing District has won three distinctive awards during the year, including "2004 Top10 Best Performance National Developer in Beijing", New World Garden winning the "Best Selling Property" and New Fortune Garden receiving the title of "Best Facility Urban Residential Project".

New World China Land Guangzhou District has amassed a number of awards during the year of 2004, including the "2004 Best Integrity Corporation of Guangdong Province", "2004 Guangzhou Most Reliable Developer" and "2004 Most Respectable Developer in Guangzhou".

New World China Land won "2004 China Top10 Brand Value Developer", the first research ever conducted in China to objectively evaluate the brand value of national developer.

Shanghai Hong Kong New World Tower and Wuhan New World Trade Centre were awarded the "2004 China Top10 New Landmark Building" in Beijing.

New World China Land was awarded the "2004 China Blue Chip Real Estate Corporation", organized by the national financial newspaper Economic Observer and Beijing Youth Daily.

Following its acquisition of Group's mobile service business unit, New World Mobile Holdings Limited became the Group's listed arm in mobile services, offering a host of quality mobile services, including voice service and customized value-added services, under the "New World Mobility" brand.

With its $40-million construction cost wholly sponsored by the New World Group, Avenue of Stars, a tourist attraction honouring outstanding professionals of Hong Kong's movie industry, was officially opened.

New World Mobility became one of the merchants in the "Quality Tourism Services" scheme organized by the Hong Kong Tourism Board.

NWS Holdings Limited and Chow Tai Fook Enterprises Limited formed a 50/50 joint venture, known as Merryhill Group Limited, to operate a comprehensive range of transport services, including bus services, ferry services and sightseeing ferry services.

NWCL was voted "The 10 Most Loved Property Developer Brand in Guangzhou", an event sponsored by Guangzhou Daily.

New World Telecom established bilateral relationships with 100 global incumbent and major carriers.

Kunming New World First Bus Services Limited commenced operation in Kunming with about 700 buses and 39 routes.

New World China Land was awarded the "2003 Most Competitive Real Estate Company in Guangzhou" by the Guangzhou Corporate Evaluation Association.

Sky Connection Limited, which retails a series of duty free tobacco and liquor at Free Duty shops in the Hong Kong International Airport and the ferry terminals in China Hong Kong City and Shun Tak Centre, became a wholly owned subsidiary of NWS Holdings.

NWCL was awarded the "2003 China Top50 Real Estate Corporation".

NWDS launched a series of promotional programs to celebrate its 10th anniversary. A co-brand credit card "MuDan Card" was launched with the Industrial and Commercial Bank of China.

The Group and UNICEF jointly launched a 2-year partnership "Create a New World for Children" Corporate Alliance Campaign.

New World Telecom was honoured as one of the top three Best Asian Competitive Carriers from Telecom Asia Magazine. NWT was the only telecom carrier in Hong Kong winning the award.

NWI obtained approval from the Radio, Film and Television Bureau of Fujian Province to launch its digital service platform on a massive scale.

The Group solely financed HK$40 million for the design and construction of the project "Avenue of Stars" and was awarded a management and maintenance contract for the Avenue for a period of 20 years.

After the completion of the reorganization, PPC was renamed as NWS Holdings Limited ("NWSH") and a brand new logo was created to represent a new era for the company.

The bus franchise granted to NWFB was extended to 2013.

Xiamen Xiang Yu Quay Co., Ltd. (currently Xiamen New World Xiangyu Terminals Co., Ltd.) merged with Xiamen Xiangyu Free Trade Zone Huijian Quay Co., Limited. and Xiamen Xiangyu Free Port Developing Co., Limited to form a 50-year joint venture with a total project investment of RMB1.15 billion.

NWD reorganized certain major subsidiaries of the Group with the aim of achieving a more streamlined organizational structure for its businesses.

New World Telecom was the first FTNS operator in Hong Kong to launch IP-based fixed telephony and broadband services.

New World Telephone was renamed as New World Telecommunications Limited to mark its transformation as a regional telecommunications provider.

Chongqing Water Plant commenced operation.

New World Telecom awarded a Type II license by Taiwan authority DGT.

Pacific Ports Company Limited ("PPC") would acquire the traditional infrastructure assets from NWI and acquire NWS from NWD.

New World Department Store was officially opened at Dailian New World Plaza.

Shanghai Hong Kong New World Tower was completed.

Qingdao Water Plant commenced operation.

Xiamen Xiangyu Free Trade Zone Huijian Quay Company Limited commenced trial operation.

HKCEC was named "Best Overseas Centre, Meetings Category" for the ninth consecutive years by the UK-based "Meetings and Incentive Travel Magazine".

ATL Logistics Centre Yantian Limited commenced operation.

The Group and AIG Credit Card jointly launched the nuWorld Credit Card.

New World Telephone completed its optical fibre interconnection with China NetCom.

NWS acquired the entire issued share capital of Ngo Kee Construction Company Limited.

NWD's 2000 Annual Report won the Grand Award of the International ARC Awards.

Zhengzhou Water Plant commenced operation.

The Group increased shareholding in Kwoon Chung Bus Holdings Limited to 29.98%.

The World Centre received recognition under the Beijing City New Top 10 Architectural Awards in the 1990s.

The Group formed a strategic alliance with Liberty Mutual Group of the United States, the Asian Development Bank and other investors to set up New World Liberty China Ventures Limited, raising initial capital of US$150 million mainly for private equity investments in small and medium-size enterprises in Mainland China.

NWCL acquired the remaining 49% stake in Tianjin New World Plaza, which became an investment property solely owned by the Group.

Sino-French invested in Zhengzhou Water Plant.

NWS acquired New World Insurance Services Limited.

NWS acquired a 99% stake in CiF Solutions Limited.

New World Telephone invested in APCN-2, accelerating the growth of Hong Kong into a regional Internet hub of Asia.

New World Mobility signed a network expansion agreement valued at US$25 million with Nokia for further expansion of its mobile communication services.

New World Telephone was the first new Hong Kong FTNS operator to sign an International Correspondence Agreement with China Telecom.

Hong Kong Convention and Exhibition Centre (HKCEC) won the M&C Asia/Pacific Gold Awards 1999 and the IMA Mice Awards 1999.

NWS set up New World First Ferry Services Limited and purchased 14 ferry vessels, a depot at Cheung Sha Wan, together with the operation rights of 8 ferry routes from The Hong Kong Ferry (Holdings) Company Limited and The Hongkong and Yaumati Ferry Company Limited.

NWS became the second largest cleaning enterprise in Hong Kong after acquiring Wai Hong Cleaning & Pest Control Company Limited.

New World Mobility signed an agreement for Wireless Application Protocol (WAP) gateway with Nokia, making NWM one of the first mobile operators in Asia to introduce WAP services.

The Group acquired a 19.9% stake in Kwoon Chung Bus Holdings Limited.

New World China Land Limited ("NWCL") (Hong Kong stock code: 917) was formed to consolidate all of NWD's property projects in Mainland China, and was listed on HKSE in July.

HKCEC was voted the "Best Overseas Centre" for the sixth consecutive year.

Xiamen Xinyuan Container Terminal Co., Ltd. commenced operation.

CSX Orient (Tianjin) Container Terminals Co., Limited commenced operation.

New World Telephone's International Gateway was in service.

A contract for Asia Container Terminals Limited was signed by NWS.

New World Telephone's PCS service was rebranded as "New World Mobility", signifying the company's commitment to a new era of 'interactive' mobile communications services.

Beijing New World Centre Phase I was completed.

Hong Kong Convention and Exhibition Centre was selected as "one of the world's ten best international convention and exhibition centres" in the Global Achievement Awards 1998 and the "Best Convention / Exhibition Centre" as part of the 1998 M&C Gold Service Awards.

New World First Bus Services Limited ("NWFB") was awarded a 5-year franchise to operate bus routes and began operations from September.

New World Courtyard Hotel in Shunde was opened.

NWS acquired 50% interest in Sino-French Holdings (Hong Kong) Limited (Its key projects included Macau Power and Macao Water Plant).

Tianjin New World Plaza was completed.

New World Telephone Group launched its mobile communications services - New World PCS.

The newly completed HKCEC extension was in the international spotlight as the venue for Hong Kong's handover ceremonies marking the return to Chinese sovereignty..

New World Services Limited amalgamated and restructured all service-related businesses of New World Development Company Limited, including Hip Hing Construction Company Limited, Hong Kong Convention and Exhibition Centre (Management) Limited, Young's Engineering Company Limited, Tridant Engineering Company Limited, Urban Property Management Limited and General Security (HK) Limited.

New World Telephone launched residential fixed line services.

Beijing-Zhuhai Expressway (Guangzhou-Zhuhai Section) Phase I Section I commenced operation.

New World Services Limited ("NWS") was established to consolidate all the services-related businesses within the Group.

United Asia Terminals (Yantian) Limited commenced operation.

The Group invested in the construction of three major bridges in Guangzhou, including Hedong Bridge, Jiefang Bridge and Jiangwan Bridge.

New World Telephone was awarded a Personal Communications Service ("PCS") licence in Hong Kong.

New World Development (China) started the first project in Tianjin.

New World Infrastructure Limited ("NWI") (Hong Kong stock code: 301) was formed to consolidate all of NWD's infrastructure projects in Hong Kong and Mainland China. NWI was listed on HKSE in October.

On 1 July 1995, New World Telephone was the first new telephone company to launch telephone services, ending a 70-year-old telephone monopoly in Hong Kong.

New World Telephone obtained Fixed Telephone Network Service licence.

Guangzhou New World Riverside Villas on Ersha Island, Guangzhou was launched.

New World Department Stores (Holdings) Limited ("NWDS") opened its first store in Wuhan on 2 December.

A hotel under the brand name of New World was opened in Ho Chi Minh City.

A hotel under the brand name of New World was opened in Shenyang.

A hotel under the brand name of New World was opened in Manila.

An American Depository Receipt Programme was established, enabling NWD's shares to be traded in the New York Stock Exchange's "Over The Counter" market.

New World Telephone Limited ("New World Telephone") was awarded a licence to operate Fixed Telecommunications Network Services ("FTNS") in Hong Kong.

The Group participated in the redevelopment project of Beijing City Centre.

The Group signed cooperation agreements with several regional governments in Mainland China, for development of infrastructure, property and industrial projects in Guangzhou, Tianjin, Shijiazhuang and Chongqing.

New World Development (China) was set up.

NWD started development of Zhuhai Power Plant, Huizhou Expressway in Shenzhen and Beijing-Zhuhai Expressway.

NWD established New World Paging and pioneered the first secretarial paging service in Asia.

NWD developed the first property project in China - Fortuna Garden in Guangzhou.

Grand Hyatt Hong Kong was opened.

Renaissance Harbour View Hotel was opened.

Dr Cheng Kar-Shun, Henry was appointed Managing Director of NWD.