NEW WORLD DEV (00017) Clarifies Media Reports: No Debt Management Projects for Perpetual and Other Debt Securities

Stock News
2025/10/21

NEW WORLD DEV (00017) has issued a statement acknowledging that it is aware of several media reports suggesting that the company is preparing a debt management project for its perpetual securities, as well as potential equity financing from investors. The company hereby clarifies: (i) it is not undertaking any debt management projects for its perpetual and other debt securities; and (ii) it has not received any proposals for equity financing.

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