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New Trend Lifestyle Could Expand Franchise Network; Mulls Dual Listing

Thu, 02nd Jan 2014 14:40

LONDON (Alliance News) - New Trend Lifestyle Group PLC Thursday said it could expand its Franchise Network.

Responding to a leap in its share price, New Trend Lifestyle also said it is in early discussions over a potential joint listing in GEM - the junior Hong Kong Stock Exchange. Any dual listing would be unlikely before the second-quarter, the company said in a statement.

New Trend emphasised that neither possibility is set in stone.

The company also said there are, "a number of potentially positive developments" it is considering.

New Trend shares were Thursday quoted at 8.5 pence, up 2.75 pence, or 47.8%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright © 2013 Alliance News Limited. All Rights Reserved.

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29 Sep 2014 12:00

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29 Sep 2014 09:54

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5 Jun 2014 13:14

New Trend Lifestyle Pretax Loss Widens

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28 May 2014 09:12

New Trend Lifestyle Raises SGD1.1 Million Through Convertible Loan Note Issue

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30 Sep 2013 14:24

New Trend Lifestyle Reports 1st Half Profit On Back Of Property Disposal

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