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-0.00537634408602151 -0.00940860215053767 -0.0645161290322581 -0.0698924731182796 -0.0322580645161291 -0.0477956989247312 -0.0322580645161291 -0.0268817204301075
Stock impact report

NewGen Establishes New Joint Venture Dedicated to Real Estate Development in UAE

NewGenIvf Group Limited - Class A Ordinary Shares (NIVF) 
Company Research Source: GlobeNewswire
An agreement signed between NewGen and BNW will establish a joint venture to develop NewGen’s recently acquired plot of land in Ras Al Khaimah’s Beach District, UAE Feasibility studies indicate potential net returns for NewGen of up to US$67 million BANGKOK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, today announced that it has established a new joint venture dedicated to the development of its strategic plot of land in Ras Al Khaimah’s Beach District, UAE. The joint venture marks a significant milestone in NewGen’s diversification strategy, positioning the company to capitalize on the thriving UAE real estate market. NewGen will hold 60% of the joint venture. NewGen’s subsidiary, NewGenProperty Limited (“NewGenProperty”), entered into a definitive Joint Venture Agreement (“JVA”) with BNW Real Estate Show less Read more
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