
NEW WORLD DEV clarifies media reports: No debt management projects have been conducted regarding perpetual and other debt securities

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According to the Zhitong Finance APP, New World Development announced that the company is aware of several media reports indicating that it is preparing a debt management project for its perpetual securities, as well as potential equity financing from investors. The company hereby clarifies: (i) the company is not undertaking any debt management projects for its perpetual and other debt securities; and (ii) the company has not received any equity financing proposals
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