ITE Group said it had sold Malaysian operation TradeLink ITE to events group UBM for MYR 23m (£4.2m).

In the year through September, Tradelink ITE reported a turnover of MYR 12.4m and, due to non-recurring costs, made a loss before tax of MYR 1.7m.

At 1:30pm: (LON:ITE) ITE Group PLC share price was -3.7p at 152.3p