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
Topic |   New World Development
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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