New Trend Lifestyle has issued an earnings warning, saying ongoing challenging trading will result in 'poor' full year results.
Coinciding with this news is the sales of holding company NTL Hong Kong for c£100. NTL Hong Kong was originally set up for the group's expansion into China.
Having decided to withdraw from China and concentrate on its Singapore operations in 2015, NTL Hong Kong became a non-trading, dormant entity.
At 8:06am: (LON:NTLG) New Trend Lifestyle Group Plc share price was 0p at 1.25p