Newtime Infrastructure's Board has approved several expanded financial and operational thresholds, subject to shareholder consent at the upcoming Annual General Meeting.

These include increased limits for making investments, issuing loans and guarantees, securing borrowings, and potentially selling or leasing company undertakings.

Additionally, the Board also greenlit higher limits for related party transactions, initially proposed by the Audit Committee.

These measures provide the company with greater flexibility for future strategic decisions, requiring shareholder endorsement.