The PopCorn shopping mall on Tong Tak Street, Tseung Kwan O. New World has sold its 21 per cent share in the precinct. Photo: Sourced from Google
The PopCorn shopping mall on Tong Tak Street, Tseung Kwan O. New World has sold its 21 per cent share in the precinct. Photo: Sourced from Google

New World Development sells HK$3 billion stakes in two Hong Kong shopping malls to rail operator MTR Corp

  • The developer has sold a 50 per cent stake in the Telford Plaza II in Kowloon Bay and a 21 per cent share of PopCorn 2 in Tseung Kwan O
  • New World said it will continue to dispose of non-core assets to ‘recycle capital’ for the development of its core businesses

The PopCorn shopping mall on Tong Tak Street, Tseung Kwan O. New World has sold its 21 per cent share in the precinct. Photo: Sourced from Google
The PopCorn shopping mall on Tong Tak Street, Tseung Kwan O. New World has sold its 21 per cent share in the precinct. Photo: Sourced from Google
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