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New Times Energy Corporation Ltd (0166.HK)

0166.HK on Hong Kong Stock

0.23HKD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

New Times Energy Corp enters into subscription agreement with the subscriber<0166.HK>
Tuesday, 17 May 2016 08:01am EDT 

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 .  Full Article

New Times Energy Corp Ltd issues FY 2015 Profit warning
Friday, 11 Mar 2016 04:58am EST 

New Times Energy Corp Ltd:Expected to record a significant loss for the year ended 31 December 2015.Expected loss was mainly attributable to the significant impairments on certain of the group's oil and gas assets.  Full Article

New Times Energy Corp Ltd completes placing of new shares
Thursday, 9 Jul 2015 04:16am EDT 

New Times Energy Corp Ltd:Completed Placing on July 09 in accordance with the terms and conditions of the Placing Agreement dated June 23.A total of 415,000,000 Placing Shares have been successfully placed to not less than six independent Placees at the Placing Price of HK$0.268 per Placing Share.Et proceeds from the Placing, after deducting commission and related expenses, are approximately HK$107,874,000.  Full Article

New Times Energy Corp Ltd announces placing
Tuesday, 23 Jun 2015 08:22am EDT 

New Times Energy Corp Ltd:Entered into the placing agreement with the placing agent.Pursuant to which, the placing agent has conditionally agreed to place to not less than six independent placees for up to 415 mln new shares at the placing price of HK$0.268 per placing share.The maximum gross proceeds from the Placing will be HK$111,220,000.The maximum net proceeds, after deducting commission and related expenses, are estimated to be HK$107,818,000.The company intends to apply the net proceeds from the Placing as the Group’s general working capital, for financing the Group’s future investment opportunities and for repayment of certain debts upon due.  Full Article

New Times Energy Corp Ltd gives FY 2014 loss outlook
Monday, 23 Mar 2015 06:20am EDT 

New Times Energy Corp Ltd:Says the group expects to record a net loss for FY 2014 as compared to the net profit in FY 2013.  Full Article

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