Loading organizations...
Loading organizations...
Key people at NWS Holdings.
NWS Holdings was founded in 2002 by Cheng Yu- tung (Founder) and Henry Cheng (Founder).
CTF Services Limited, formerly known as NWS Holdings Limited, operates as a diversified conglomerate with a focus on infrastructure and services across Hong Kong and Chinese Mainland. The company builds and manages essential assets spanning toll roads, financial services, logistics, construction, and facilities management. Its extensive portfolio includes owning and operating numerous toll roads, managing premium warehouse spaces, and providing comprehensive construction services through various subsidiaries to residential, commercial, governmental, and institutional sectors.
NWS Holdings Limited originated on November 28, 2002, in Hong Kong, as a strategic spin-off from New World Development. This restructuring aimed to consolidate New World Development's non-property businesses, including infrastructure and services, into a dedicated, publicly listed platform. The insight was to create a focused entity to drive growth and operational efficiency within these diverse yet interconnected sectors, leveraging existing expertise and market presence.
The company serves a broad customer base, from public users of its extensive road networks to private and public clients utilizing its construction and facilities management expertise. Through its financial services, it also reaches individual and corporate clients. CTF Services Limited envisions fostering connectivity that enables communities to thrive, committed to creating long-term value for all stakeholders and the wider community by sustaining and developing critical infrastructure and essential services.
NWS Holdings was founded in 2002 by Cheng Yu- tung (Founder) and Henry Cheng (Founder).
Key people at NWS Holdings.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 26, 2021 | RAKwireless Technology Limited | $10.0M Series A | NWS Holdings | Shunwei Capital |
| Jun 1, 2018 | Aaptiv | $22.0M Series C | Ray Cheng | Amazon Alexa Fund, Amazon Climate Pledge Fund, Insight Partners, Maria Karaivanova, Alex Zubillaga, Paul Bernard, Disney, Warner Music Group |