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GoFintech Quantum Innovation Limited M&A Activity 2010

Feb 8, 2010

49098_rns_2010-02-08_436e2830-d38f-4ed5-b0a7-f258fcdcf1e0.pdf

M&A Activity

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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NEW TIMES ENERGY CORPORATION LIMITED

新時代能源有限公司 *

(incorporated in Bermuda with limited liability)

(Stock code: 00166)

SUSPENSION OF TRADING

As the request of New Times Energy Corporation Limited, (the “ Company ”) trading in shares of the Company has been suspended with effect from 9:30 a.m. on Monday 8 February 2010, pending on an announcement in relation to a very substantial acquisition which are price-sensitive in nature.

By order of the Board New Times Energy Corporation Limited Cheng Kam Chiu, Stewart Chairman

Hong Kong, 8 February 2010

As at the date of this announcement, the Board comprises seven Directors, of which two are executive Directors, namely Mr. Cheng Kam Chiu, Stewart and Mr. Cheng Ming Kit; two non-executive Directors, namely Mr. Wong Man Kong, Peter and Mr. Chan Chi Yuen; and three independent non-executive Directors, namely Mr. Fung Chi Kin, Mr. Fung Siu To, Clement and Mr. Chiu Wai On.

  • For identification purpose only