Acquisition

New World sells Wuhan interest

PUBLISHED : Wednesday, 20 June, 2001, 12:00am
UPDATED : Thursday, 07 May, 2015, 5:08pm

New World China Land, a subsidiary of New World Development, has agreed to sell its 95 per cent of a property in Wuhan to sister company Uphill for HK$408.41 million. The interest includes the podium of the Wuhan International Trade and Commerce Centre and podium and basement of the Wuhan International Trade Centre.