Brief: New City Development Group signs memorandum of cooperation to buy stake in First International Construction Engineering
Nov 10 (Reuters) - New City Development Group Ltd 0456.HK
* Enters memorandum of cooperation with vendor to buy not
less
than 51% stake in First International Construction Engineering
* Consideration for possible acquisition shall not be less
than
HK$30 million
Source text for Eikon: ID:nHKSTQW8F
Further company coverage: 0456.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on New City Development
See all newsBrief: New City Development Says Receivers In Discussions With Potential Purchasers, No Binding Agreement Entered
Brief: New City Development Appoints Luo Zhen As Deputy Chairman
Hong Kong's New City Development Group HY loss widens on higher costs
Chief Executive Officer
Brief: New City Development Receives Indicative Offer For Charged Shares On July 13, 2026