NEW WORLD DEV (00017) clarifies the rumors of capital injection, the company has not received any alleged capital injection proposals mentioned in the rumors.

NEW WORLD DEV (00017) announced that the company has become aware of speculation in the media that its controlling shareholder and other third-party investors will inject further funds into the company (rumors). Apart from ongoing discussions as part of its regular financing activities, including a loan financing arrangement led by Deutsche Bank AG, the company has not received any funding proposals as mentioned in the rumors. After conducting all reasonable inquiries (including inquiries with its controlling shareholder), the company confirms that it is not aware of any other information that needs to be disclosed to avoid creating a false market for its securities, nor does it have any inside information that needs to be disclosed under the insider information provisions (as defined in the Listing Rules).