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New World Development: The company has not undertaken any debt management programs for its perpetual and other debt securities.

Jin10 Data, October 21 - New World Development (00017.HK) announced that the company is aware of certain media reports indicating that it is preparing to conduct a debt management project regarding its perpetual securities, as well as potential equity financing from investors. The company hereby clarifies: the company has not engaged in any debt management projects for its perpetual and other debt securities; and the company has not received any equity financing proposals. Shareholders, debt and other security holders, and potential investors are advised not to rely on market rumors regarding the group.

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