New World Development proposes HK$24.9 billion recapitalization plan
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New World Development
Hong Kong
November 15, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 111/15/2026, 3:11:12 PM
New World Development proposed a rights issue to raise approximately HK$24.9 billion. The funds will be used to reduce debt and extend loan maturities. Bain Capital decided against investing in the company.
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