- NWS Holdings
NWS Holdings Company Limited
Type Listed company Industry Conglomerate Founded 2002 Founder(s) Dr. Cheng Yu-tung and Mr. Henry Cheng Headquarters Hong Kong, People's Republic of China Area served Hong Kong Key people Chairman: Mr. Henry Cheng Parent New World Development Website www.nws.com.hk/
NWS Holdings Limited (SEHK: 659) is the conglomerate flagship of New World Development. It was established in 2002 when its predecessor, Pacific Ports Company Limited, acquired New World Services Limited from New World Development and the infrastructure assets from New World Infrastructure Limited.
The company is involved in infrastructure and service businesses in Hong Kong, Mainland China and Macau. Its infrastructure division includes roads, energy, water and ports projects. Its service division comprises facilities management (the management of Hong Kong Convention and Exhibition Centre and ATL Logistics Centre), contracting (Hip Hing Construction and NWS Engineering), finance (Taifook Securities and New World Insurance) and transportation (New World First Bus, Citybus and New World First Ferry). It is headed by Henry Cheng, the elder son of Dr. Cheng Yu-tung, the chairman of New World Development.
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