New Times Corporation Limited has announced the approval of a major transaction involving the disposal of shares and the assignment of a shareholder's loan. The transaction, which involves the transfer of sale shares and the sale loan, has received written approval from Max Sun, a significant shareholder holding approximately 65.63% of the company's issued shares. As a result, a special general meeting will not be required for the approval of this transaction. Further details of the transaction will be dispatched to shareholders in a circular within the specified timeframe.
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 July 24, 2025, and is solely responsible for the information contained therein.