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Brief: New Times Energy Corp enters into subscription agreement with the subscriber

May 17 (Reuters) - New Times Energy Corp Ltd  0166.HK : 
 
 * Connected transaction relating to the subscription of new shares by a substantial shareholder; (2) issue of the subscription shares under specific mandate; (3) application for whitewash waiver; and (4) appointment of independen 
 * Company entered into the subscription agreement with the subscriber 
 * Net proceeds to be raised from the subscription will be approximately 
hk$446.9 million 
 * Source text for Eikon  urn:newsml:reuters.com:*:nHKS2K01fz 
 
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