New World Development Company Limited
84
Report of the Directors
Sufficiency of Public Float
According to information that is available to the Company, the percentage of the Company’s shares which are in the hands of the
public exceeds 25.0% of the Company’s total number of issued shares.
Major Customers and Suppliers
During the year, less than 30.0% of the Group’s turnover and less than 30.0% of the Group’s purchases were attributable to the
Group’s five largest customers and five largest suppliers respectively.
Auditor
The financial statements have been audited by Messrs. PricewaterhouseCoopers, who retire and, being eligible, offer themselves
for re-appointment.
On Behalf of the Board
Dr. Cheng Kar-Shun, Henry
Chairman
Hong Kong, 21 September 2016
