Vision Values Holdings Limited is a Caymans-incorporated Hong Kong listed company. The company was under two backdoor listing, which the company was formerly known as New World Mobile Holdings ( abb. NWM), Asia Logistics Technologies and Wah Yik Holdings before the takeovers. Under the ownership of New World Development , New World Mobile Holdings was the owner of New World PCS , a mobile network operator of Hong Kong.
14-729: [REDACTED] Look up nwt in Wiktionary, the free dictionary. NWT can mean: New World Telecommunications , an Asian telecommunications company The New World Translation of the Holy Scriptures , Jehovah's Witnesses' translation of the Bible Net Worth Tax or Net Wealth Tax, a levy based on the aggregate value of all household assets Norfolk Wildlife Trust North West Telecom , telecommunications company serving northwestern Russia North West Tonight ,
28-608: A shelf company that was incorporated on 14 January of the same year in the British Hong Kong . At that time it was known as New World Telephone. New World Telephone Holdings was the direct parent company, while itself a subsidiary of New World Development . New World Telecommunications acquired the licence of fixed-line telephone in 1995. Immediately after the deregulation of the telecommunication industry of Hong Kong in 2003, New World Telecommunications, along with Hutchison Global Communications , Wharf T&T , were
42-414: A new intermediate holding company that was owned by Telstra (76.4%) and New World Mobile Holdings (23.6%) at that time. In October 2006, New World Mobile Holdings sold its 23.6% stakes of CSL New World Mobility to New World Mobile Holdings' parent company New World Development . In November 2006, New World Development then sold 58.04% shares of New World Mobile Holdings to Moral Glory International,
56-413: A private company that was owned by Simon Lo [ zh ] at that time. In February 2007, Moral Glory International launched a mandatory public offer to acquire the remaining share of New World Mobile Holdings. In May 2007, Mongolia Energy Corporation (the successor of New World Cyberbase), disinvested 8.32% shares of New World Mobile Holdings to the public market. New World Mobile Holdings
70-472: The core business of the conglomerate. New World Mobile Holdings Asia Logistics Technologies (ALT) was a Hong Kong listed company. It was the majority owner of New World Cyberbase , for 27.48% stake as of 2004. Immediately before the backdoor listing of New World PCS , a unit of the conglomerate New World Development , New World Development already owned 5.60% shares of ALT, while Hong Kong businessman Simon Lo [ zh ] owned 30.11% as
84-434: The intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=NWT&oldid=1002242555 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages New World Telecommunications New World Telecommunications Limited ( abb. NWT ) also known as New World Telecom ,
98-440: The largest shareholder. In 2004 Asia Logistics Technologies acquired New World PCS Holdings and its subsidiaries such as New World PCS (NWPCS) from New World Telephone Holdings, a wholly owned subsidiary of New World Development , as part of a backdoor listing . In the same year the company was renamed to New World Mobile Holdings. In March 2006, NWPCS merged with Hong Kong CSL Limited to form CSL New World Mobility ,
112-468: The largest tycoon families of Hong Kong] as the founders reach retirement age or pass away."; Cheng Yu-tung , the founder of New World Development, passed away in September 2016. The disinvestment was also rumoured as part of a total withdrew of Hong Kong market ( Chinese : 撤資 ), nevertheless the analyst concluded that the disinvestment by New World Development, was part of a project that strengthen
126-585: The latter was disinvested by local telecommunication tycoon Ricky Wong in 2012. It was reported that the takeover of New World Telecommunications was a leverage buyout , which was financed by a borrowing from JPMorgan Chase for 5 years by HKBN. In March 2016, the Communications Authority of Hong Kong, announced that they would not to commence an investigation on the takeover under the Competition Ordinance of Hong Kong. It
140-461: The local BBC news broadcast for North West England Northwest Territories , a territory of Canada Nya Wermlands-Tidningen , a local newspaper published in Värmland, Sweden Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title NWT . If an internal link led you here, you may wish to change the link to point directly to
154-459: The major competitors to PCCW (formerly Hong Kong Telecom ), the dominant operator at that time. New World Telecommunications was aimed for business customers. New World Telecommunications had a sister company New World PCS Holdings which was a mobile network operator in Hong Kong. They both under the same direct parent company New World Telephone Holdings. However, New World PCS Holdings
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#1732765882895168-514: Was a fixed line provider of Hong Kong S.A.R., China. It was a subsidiary of New World Development , via New World Telephone Holdings; New World Telecommunications was acquired by a competitor, Hong Kong Broadband Network (HKBN) in February 2016. In the same year New World Telecommunications was renamed to HKBN Enterprise Solutions , as a subsidiary of HKBN. New World Telecommunications was established in 1992 by transforming from Rowenty Power,
182-487: Was reported that despite both HKBN and NWT were telecommunication companies, due to one company aimed at residential customers and another aimed at business customers, it would not strengthen the oligopoly of the telecommunications market of Hong Kong. Financial Times compared the disinvestment of Hutchison Global Communications by CK Hutchison Holdings in 2017 and New World Telecommunications by New World Development, were part of "the process of succession planning [of
196-584: Was sold to Asia Logistics Technologies in 2004, as part of a backdoor listing. Asia Logistics Technologies was subsequently known as New World Mobile Holdings from 2004 to 2010. However, the shares of the successor of New World Mobile Holdings, CSL New World Mobility , was sold by New World Development to Hong Kong Telecom , a subsidiary of PCCW in 2013. In February 2016, New World Telephone Holdings sold New World Telecommunications and other businesses in Hong Kong, Macau and Shenzhen to its competitor Hong Kong Broadband Network (HKBN) for HK$ 650 million;
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