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23 Feb

New World Development Achieves Over 40 Awards in 2014

New World Development Company Limited (“New World Group” or “the Group”; Stock Code: 17.HK) received over 40 major awards across different categories last year, exemplifying the esteem and recognition it enjoys in the industry. The awards are also a ringing endorsement of the Group’s efforts in growing its business by placing strategic focus on Innovation, Intrapreneurship, Internationalism, New Generation Thinking and One-step Further.

Commenting on the exceptional performance of the Group in 2014, Adrian Cheng, Executive Director and Joint General Manager of New World Group, said: “Teamwork and intrapreneurial spirit demonstrated by our staff, together with innovative and self-driven approach they take to every project and initiative, have been crucial to the Group’s achievement in gaining industry’s recognitions in 2014.”

The accolades cover various categories including corporate governance, sustainable development, public relations, employee care and talent development. Adrian Cheng was conferred the 5th Asian Corporate Director Recognition Award 2014 by Corporate Governance Asia for his outstanding management and leadership qualities. The Group’s excellent corporate governance was also rewarded with the 10th Corporate Governance Asia Recognition Awards 2014 – The Best of Asia – Asia’s Outstanding Companies on Corporate Governance.

For its stellar performance in sustainable development, New World Group has been listed on the Hang Seng Corporate Sustainability Index and received the Gold Award in the 5th Hong Kong Outstanding Corporate Citizenship Award. The Group also won the Gold Award in the 2nd Hong Kong Public Relations Awards 2014 – Corporate Social Responsibility with its sustainable community programme New World Springboard.

New World Group also performed well in talent development and employee care to claim the Best Practice Grand Award, the highest accolade in the Best Practice Awards 2014. The Group has also won other major awards in different areas such as public relations, corporate website, the Group’s annual reports, our staff publications, New World Harbour Race and New World International Triathlon.

In recent years, the Group has been actively promoting digitalisation with the aim of maintaining good communications with our stakeholders. Looking ahead, the Group will continue to develop more innovative, quality and unique products and services to maintain its leadership position while building a stronger brand.




New World Development Company Limited

Founded in 1970, New World Development Company Limited (“New World Group”, Stock Code: 17.HK) was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A diversified holding company with a focus on property development, New World Group’s core business areas include property development, infrastructure and service, department stores and hotels. As at 30 June 2014, the total asset value of the Group amounted to HK$369.2billion.

As at 30 June 2014, the Group has an effective interest of approximately 61.3% in NWS Holdings Limited (Stock Code: 659.HK), approximately 69.7% in New World China Land Limited (Stock Code: 917.HK) and approximately 72.3% in New World Department Store China Limited (Stock Code: 825.HK).