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8 Mar

New World Group Shows Appreciation to Female Colleagues

New World Development Company Limited ("New World Group"; Stock Code: 17.HK) joins hands with its subsidiaries New World China Land Limited, NWS Holdings Limited, New World First Bus Services Limited and Citybus Limited to distribute red dates tea bags and "Caring Tips for Women" to staff members on International Women's Day.

As a token of appreciation to its female staff for their contribution to both family and society, Gary Chen, Executive Director and Joint General Manager of the Group, held a tea gathering for female colleagues, allowing them to take a short break from the hustle and bustle of their busy lives. The Group also encourages its male colleagues to bring the gifts home to foster a harmonious family life.

This is the second year in a row that New World Group supports the "ChariTea" programme organised by the Hong Kong Young Women's Christian Association. Under the programme, red dates tea bags are distributed on International Women's Day to public, encouraging society, corporations and women to extend their love to community, staff members and themselves respectively.

New World Development Company Limited

New World Development Company Limited ("The Group"; Stock Code: 17.HK) is a leading conglomerate based in Hong Kong. The Group was founded in 1970 and publicly listed in Hong Kong in 1972. It is a constituent stock of the Hang Seng Index with a total asset value of HK$311 billion as at 31 December 2012.

For more than four decades, the Group has expanded from a single focus on the property business to four core areas: property, infrastructure, services and department store. As at 31 December 2012, the Group has an effective interest of approximately 61% in NWS Holdings Limited (Stock Code: 659.HK), approximately 69.8% 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).