China New Town completed its placing and became a member of CDB Capital

China New Town Development Company Limited is please to announce that the company has completed placing 54.32% of it total enlarged share to China Development Bank International Holding Limited ("CDBIH"), a wholly owned subsidiary of China Development Bank Capital Corporation Ltd. ("CDB Capital") for a consideration of HK$1,443,938,689.17.

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China New Town Development Company Limited (Stock code: or (the "Company") is dual listed on the main board of The Stock Exchange Securities Trading LImite (SGX) and The Stock Exchange of Hong Kong Limite ("HKEx") since 14 November 2007 and 22 October 2010 respectively

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