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17 Aug

Fake Facebook Page of New World Group Uncovered

New World Development Company Limited (the "Group" or "NWD"; Hong Kong stock code: 17) recently found that some individuals have set up Facebook pages for the subsidiaries of the Group and using corporate information without authority.

The concerned subsidiaries include NWS Holdings Limited ("NWS"), Hip Hing Construction Company Limited ("Hip Hing"), New World First Bus Services Limited ("NWFB"), New World First Ferry Services Limited ("NWFF"), New World China Land Limited ("NWCL") and New World Department Store China Limited ("NWDS").

The Group hereby declares that the official Facebook page of NWD should be and such Facebook pages are not officially set up by the Group. Please kindly note that the only Facebook pages that NWS maintains are NWS Hong Kong Geo Wonders Hike fans page and NWFB Rickshaw Sightseeing Bus fans page Hip Hing, NWFF, NWCL and NWDS have not set up any Facebook pages.

The Group also urges the public not to provide personal information to the unauthorized page to avoid any misunderstanding and losses.