New Times Corporation Sells Stake in Subsidiary

Reuters
2025/11/14
<a href="https://laohu8.com/S/00166">New Times</a> Corporation Sells Stake in Subsidiary

New Times Corporation Limited has disclosed the disposal of shares in its subsidiary, ACPMR, which was established in Hong Kong in 2021 to engage in the precious metals business. The transaction is expected to strengthen the group's financial position by improving liquidity and providing additional working capital for future strategic initiatives and general corporate purposes. The company remains focused on its existing business operations and the pursuit of investment opportunities aimed at creating long-term value. As of the latest practicable date, the board is positive about the group's financial and trading prospects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Times Corporation Limited published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.

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