- Sealand Capital Galaxy said it planned to acquire a controlling majority stake in digital marketing business New Sky Global.

The company would have a licensing agreement with Chinese group Tencent and media groups.

It did not disclose a proposed value for the deal.

'Our ambition is to become Tencent's overseas trusted partner and offering merchants more effective digital marketing campaigns across a number of different medias,' executive chairman Nelson Law said.

At 8:22am: [LON:SCGL] Sealand Capital Galaxy Limited Ord Shs Gbp0.0001 Each Di share price was 0p at 2.75p

Story provided by