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New Trend Lifestyle (NTLG)

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Wednesday 31 July, 2013

New Trend Lifestyle

Directorate Change

RNS Number : 5268K
New Trend Lifestyle Group plc
31 July 2013
 



 

New Trend Lifestyle Group plc

("NTL" or "The Company")

 

Board Change

 

The Board of NTL announces that Lawrence Cheung, Finance Director, has indicated his desire to pursue other opportunities outside of NTL and has therefore decided to step down from the Board with effect from 1 August 2013. We are pleased that Lawrence will continue to assist the Company on a consultancy basis.

Ajay Rajpal, ACA, current non executive director of the Company, has agreed to become interim Finance Director, with immediate effect, until further notice. Ajay has a close working relationship with the executive team and has had previous experience of holding director positions on the board of public companies with operations in Asia.

 

There have been no changes to the disclosures made in the Company's Admission Document, dated 22 June 2012, which are required under paragraph (g) of Schedule 2 of the AIM Rules.

 

For further information:

 

New Trend Lifestyle PLC                                                     0207 653 9850

Robert Goddard, Chairman

Ajay Rajpal, Interim CFO

James Tan, Non Executive Director

 

Zeus Capital (NOMAD and broker)                                      0161 831 1512

Corporate Finance

Ross Andrews

Andrew Jones

Institutional Sales                                                                      020 7533 7716

John Goold

 

NewgateThreadneedle

Alex White/ Heather Armstrong                                                020 7653 9850

 

About New Trend Lifestyle

The Company was established in 2005 by Master Hillary Phang. NTL's FengShui services include building and office design consultancy, astrology readings, marriage matching, aura readings and business talks and seminars for large corporations.  These have recently been complemented by Tarot Cards readings and an on-line dating service using FengShui principles.

NTL is one of the leading branded FengShui consultancies in Asia, selling its services to a mixture of high profile businessmen, political figures, business enterprises and the general public. It provides lifestyle guidance to customers, which leads to the provision of a number of products and services.

FengShui is endemic in Chinese communities throughout the world and influences many aspects of personal, business and even Government activities and is the basis on which the Company has created a profitable business with a strong brand and deep-seated cultural drivers.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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