New World Development to gain HK$2.59 bln by selling asset

Cheng Kar Shun Henry, Managing Director of New World Development(0017), said the company would gain HK$2.59 bln by selling asset . Mr Cheng Kar Shun Henry expected to cash HK$1.34 by selling three birdges in Guangzhou while sales of the stake of Beijing Datang Power Generation(0991) was expected to cash HK$ 2.59 bln .

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