Milestones

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2008

NWCL is awarded 2008 China Best Corporate Citizen for two years in a row.
Dr Cheng Yu-Tung, Chairman of New World Development Company Limited, is awarded the Ivey Business Leader Award by the Richard Ivey School of Business of The University of Western Ontario, in recognition of his contribution to the business and education sectors, as well as his contribution to the establishment of the Ivey Business School's Asian campus.
Harbour Place, a property of New World Group, receives several accolades in the HKIS Property Marketing Award 2008, including The Best Environmental Construction Award 2008, Top Ten Property Marketing Awards 2008 and Top Ten Property Sales Brochures Awards 2008. The awards are organised by The Hong Kong Institute of Surveyors.
Dr Cheng Yu-Tung, Chairman of New World Development Company Limited is awarded the Grand Bauhinia Medal in recognition of his significant contribution to the Hong Kong society.
NWD corporate website is awarded gold prize in e-Inclusion Campaign 2008 organised by Internet Professional Association Limited. The award aims to recognize the barrier-free websites which help provide needy communities with equal opportunities in sharing the benefits brought about by the development of the internet in Hong Kong.
New World China Land holds a ground-breaking ceremony for Anshan New World Garden Phase 1, the company's first project in Anshan, Liaoning Province.
NWS and NWDS FY2007 annual reports win awards in the 22nd International ARC Awards. NWS wins the Bronze Award in Cover Design: Infrastructure while NWDS wins the Bronze Award for Interior Design: Retail and the Honors Award for Cover Photo/Design: Retail - Convenience & Dept. Store.
New World Strategic Investment Limited ("NWSI") completes the investment in Biomax Environment Holdings Limited ("Biomax"). NWSI's investment in Biomax amounts to approximately RMB200 million.
NWS receives the Corporate Governance Asia Recognition Awards by Corporate Governance Asia.
NWCL acquires the site, north of Lincheng Street in Qianshan District High-Tech Industrial Zone in Anshan, Liaoning, with the total premium amounting to RMB 399.8 million. The land, with an area of 228,000 sq m, will be developed into a middle to high-end residential area.
NWD FY2007 Annual Reports win the Gold Award in the category of Annual Report - Overall Presentation: Corporations, while that of NWS win the Bronze Award in the same category. NWS has also won Annual Report - Photography Gold Award and NWCL wins the Silver Award in the category of Annual Report - Cover.
NWD, together with Dr Henry Cheng, Managing Director of NWD, on his behalf have donated more than RMB 50 million, and have donated 300 sets of wireless communication equipment which are worth RMB 15 million to the front-line rescuing team, supporting the disaster-relief effort in the affected areas. Meanwhile, NWCL initiates staff members in regional offices to participate in the donation activities, including donating bloods and raising funds, as well as sourcing other resources and drugs in need to the affected areas. Other subsidiaries in the Group have also been actively supporting the relief work through various ways, to encourage employees to support the earthquake relief work in Sichuan.
New World Hotel Wuhan is officially opened.
NWD and China Young Leaders Foundation join hands with Hong Kong Youth Arts Foundation to launch an exhibition project People Power In A New World Youth Arts Exhibition.
NWS acquires stake in Chongqing Water Group ("CWG"). Together with SUEZ Environment, the Group signs a strategic cooperation agreement and a share purchase agreement with CWG, becoming the strategic investment partner of the later.
New World Development Company Limited joins hands with Tuen Mun Youths Association to set up a social enterprise named Road to Green - Striving for a Young New World.
FY2007 Annual Reports of NWD, NWCL and NWDS have won International Mercury Awards.
New World Group and its 25 group companies are awarded Caring Companies, recognising their achievement in corporate social responsibility.