New Times Corporation Limited has provided an update regarding the proposed disposal of shares in one of its subsidiaries. The company announced a further delay in the despatch of a circular related to the transaction, citing the need for additional time to prepare financial information, including a statement of indebtedness and a statement of sufficiency of working capital. New Times Corporation Limited has applied for an extension of time and will issue another announcement once a new expected date for the circular's despatch is determined.
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