According to the Zhitong Financial APP, New World Dev (00017) announced that the group is in discussions with Chow Tai Fook Enterprise Limited (Chow Tai Fook Enterprise, the company's main shareholder, and therefore a related party of the company) regarding the potential sale of all equity held by the group in KTSPL to Chow Tai Fook Enterprise. The group and Chow Tai Fook Enterprise have not yet entered into a legally binding agreement, and the potential sale is subject to negotiation of key terms including the sale price, among other matters, and obtaining the necessary government and regulatory approvals.