3
GROUP STRUCTURE
(HK stock code: 0017)
Hong Kong
Property development
&
Property investment
NWCL (70%)
(HK stock code: 0917)
Mainland China property
NWS (61%)
(HK stock code: 0659)
Infrastructure & service
NWDS (72%)
(HK stock code: 0825)
Mainland China department store
* As at 31 Dec 2015
