New City Development Group Limited (0456.HK)

0.580 -0.020 (-3.33%) At close: 03:49PM HKT

New City Development Group Limited

MG Tower
17th Floor Unit D 133 Hoi Bun Road
Kwun Tong
Hong Kong

https://www.newcitygroup.com.hk

Sector(s): Real Estate
Industry: Real Estate - Development
Full-time employees: 53

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Junran Han	Executive Chairman & CEO	1.4M	N/A	1957
Mr. Min Luo	Executive Director	1.16M	N/A	1967
Ms. Eva Lee	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

New City Development Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China. It also sells buses; and offers general management services, as well as engages in the supermarket business. The company was formerly known as New City (China) Development Limited and changed its name to New City Development Group Limited in May 2012. New City Development Group Limited was incorporated in 1998 and is headquartered in Kwun Tong, Hong Kong.

Corporate governance

New City Development Group Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.