New World Development (00017) clarifies three major market rumors: no significant progress in potential investments 11 SKIES contract changes have not been agreed upon, financing terms reset period undecided

Zhitong Finance App News, New World Development (00017) issued an announcement. The company took note of media reports speculation about the company's potential investment, the Group's “11 SKIES” project, and the Group's financing arrangements.

As far as potential investments in the company are concerned, the company has made inquiries to its controlling shareholder (Chow Tai Fook Enterprises Limited) and has been advised that (a) there have been no significant developments in the matters contained in the company's announcement issued on January 30, 2026; and (b) it has not reached any agreement with any potential investors, including the amount, nature or form of any such potential investment in the company.

As far as the Group's “11 SKIES” project is concerned, the Company has been discussing with the Hong Kong Airport Authority (“Hong Kong Airport Authority”) to re-examine and/or explore the possibility of making any changes in the contractual arrangements relating to the “11 SKIES” project. These discussions are still ongoing, and the company has not reached any agreement with the Hong Kong Airport Authority on any changes in the contractual arrangements relating to the “11 SKIES” project.

As far as the Group's financing arrangements are concerned, the Group will manage its financing arrangements with lenders in its daily business processes, and is unaware of any period for resetting the Group's financing terms.