New World Department Store operates 40 outlets and two shopping malls in 22 Chinese cities. Photo: Jonathan Wong

New World Department Store’s privatisation plan fails to garner required support from shareholders

Company received 83.90pc approval of privatisation by independent shareholders, just shy of the 90pc required by law

Topic |   Hong Kong property

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New World Department Store operates 40 outlets and two shopping malls in 22 Chinese cities. Photo: Jonathan Wong
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