NamHoi Sitt - New World Head of Projects (Hong Kong)

NDVLY Stock  USD 0.51  0.02  3.77%   

Executive

Mr. Sitt NamHoi is Head of Projects for New World Development Company Limited. He is currently the senior director of the Project Management Department of the Company. Mr. Sitt is a Registered Architect and is responsible for overseeing all project management matters for all property development projects of the Group in Hong Kong. Before joining the Company, Mr. Sitt was working in Buildings Department of the Government of the Hong Kong Special Administrative Region. He was the project director of a listed company in Hong Kong which he also worked for over 25 years. Mr. Sitt has extensive project management experience and participated in various significant projects in Hong Kong and the PRC. since 2011.
Age 62
Tenure 13 years
Phone852 2523 1056
Webhttps://www.nwd.com.hk

New World Management Efficiency

New World's management efficiency ratios could be used to measure how well New World manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 143.04 B in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. New World Development has a current ratio of 1.1, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist New World until it has trouble settling it off, either with new capital or with free cash flow. So, New World's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New World Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New World's use of debt, we should always consider it together with cash and equity.

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New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong. New World operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 28000 people. New World Development [NDVLY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

New World Development Leadership Team

Elected by the shareholders, the New World's board of directors comprises two types of representatives: New World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New World's management team and ensure that shareholders' interests are well served. New World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New World's outside directors are responsible for providing unbiased perspectives on the board's policies.
WaiHoi Doo, Non-Executive Vice Chairman of the Board
ChiKong Cheng, Executive Vice Chairman of the Board, Joint General Manager
Man Ki, Executive Director
Chiman Cheng, Executive Director
TakCheong Au, Executive Director
SiuCheung JP, Ex Director
NamHoi Sitt, Head of Projects (Hong Kong)
PingLeung Yeung, Independent Non-Executive Director
Guanzhan Chen, Joint General Manager, Executive Director and Member of Executive Committee
CheungBiu Liang, Independent Non-Executive Director
ShaoMei Huang, Ex Director
JP JP, Ex CEO
Wai Doo, Non-Executive Vice Chairman of the Board
Aldous Chiu, Gen Relations
Woon Yeo, Sales and Marketing director
PuiYing Lo, Owners’ Representative - Hotel Division
Woon BA, Director Department
BA DBA, Ex MD
Hau Ho, Independent Non-Executive Director
ManFung Ki, Executive Director
Karshun Cheng, Executive Chairman of the Board
LuenWai Lee, Independent Non-Executive Director
Ping Yeung, Independent Non-Executive Director
B BArch, Sr Director
Cheung Liang, Independent Non-Executive Director
ManHoi Wong, Company Secretary
Karshing Cheng, Non-Executive Director
MouSing Cha, Independent Non-Executive Director
HauHay Ho, Independent Non-Executive Director
ChiHeng Cheng, Executive Director
WaiHan Chiu, Ex Director
Fu Lau, Chief Officer

New Stock Performance Indicators

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Please note, there is a significant difference between New World's value and its price as these two are different measures arrived at by different means. Investors typically determine if New World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.