Brief: New Times Energy Corporation updates on disposals of subsidiaries
Dec 30 (Reuters) - New Times Energy Corporation Ltd
0166.HK
* Total belief entered into agreement with buyer
* Group expects to record a net gain of approximately
hk$38.2 million arising from disposals
* Total belief has conditionally agreed to sell to buyer
sale shares for an aggregate consideration of us$10.8 million
Source text for Eikon: ID:nHKS5DctJp
Further company coverage: 0166.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on New Times
See all newsBrief: New Times Corporation Posts FY Net Income Attributable HKD-140.9 Million
Brief: New Times Expects Loss After Tax Of Hk$800 Million For FY
Brief: New Times Corp Disposes Upstream Oil And Gas Business In Argentina
Brief: New Times Corp Says Absolute Champ Sells 49% Stake In Unit
Brief: New Times Energy Corporation Posts FY Net Asset Value Per Share Of HKD0.12