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New World Development Co Ltd (NWDA.BE)

Berlin - Berlin Delayed price. Currency in EUR
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2.24000.0000 (0.00%)
At close: 08:06AM CEST
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Previous close2.2400
Open2.2400
Bid0.0000 x N/A
Ask0.0000 x N/A
Day's range2.2400 - 2.2400
52-week range2.1600 - 2.3600
Volume3,000
Avg. volume0
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date29 Feb 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    New World Development set for windfall as unit gets $4.5 billion buyout offer

    Chow Tai Fook Enterprises (CTFE), which holds about 45.2% of NWD shares, has offered to buy roughly 97% of NWS Holdings stock for up to HK$35.47 billion ($4.53 billion), the parties said in a joint statement. Hong Kong developers enjoyed decades of lucrative returns in one of the world's most expensive property markets, but have had to contend with falling sales and rent in recent years both at home and in mainland China as well as rising interest rates. To improve portfolios, both New World Development and NWS Holdings have been disposing billions of dollars non-core assets.