By Finance Pulse in Debt —

New World Development Sells CTF Control Amid Debt Struggles

New World Development Co. faces financial challenges, selling control of CTF to Chow Tai Fook Enterprises amid losses and mounting debt.

A modern, sleek financial skyscraper with dim lighting symbolizing financial struggles, contrasted b
New World Development Sells CTF Control Amid Debt Struggles

New World Development Co. is struggling with losses and mounting debt, leading to control of CTF being sold to Chow Tai Fook Enterprises.

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