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166 — New Times News Story

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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;))

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