Security solutions provider Newmark Security (LON:NWT) said its Grosvenor Technology subsidiary has opened a new office in Hong Kong.
The office will act as a hub for Grosvenor’s operations in Asia, with the office staff comprising a technical services engineer, a vice president of sales and a business development director.
"We are delighted to have opened an office in Hong Kong and see this as an important milestone within our strategy to expand our operations into growing markets,” said Marie-Claire Dwek, chief executive officer of Newmark.
“We look forward to keeping shareholders informed of our developments here,” she added.
Shares in Newmark were up 1.8% at 3.18p in the first hour of trading.