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Board Reshuffle at New World Department Store

Board Reshuffle at New World Department Store

New World Department Store China Limited (HK:0825) has released an update.

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New World Department Store China Limited announces board changes effective from 26 September 2024, including the resignation of Dr. Cheng Chi-kong as non-executive Director and Chairman, the appointment of Mr. Cheung Fai-yet as the new Chairman, and Mr. Ma Siu-cheung joining as an executive Director. The company has expressed gratitude to Dr. Cheng for his contributions and has resumed trading following the announcement.

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