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.