U.S. SECURITIES AND
                               EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 12b-25
                           NOTIFICATION OF LATE FILING

[ ]Form 1O-K  [ ]Form 20-F  [ ]Form 11-K  [X]Form 10-Q [ ]Form N-SAR

                      For Period Ended: September 30, 2005

[ ]Transition Report on Form 10-K
[ ]Transition Report on Form 20-F
[ ]Transition Report on Form 11-K
[ ]Transition Report on Form 10-Q
[ ]Transition Report on Form N-SAR

                        For the Transition Period Ended:

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Read Attached  Instruction  Sheet Before  Preparing Form.  Please Print or Type.
Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information  contained  herein.  If the  notification  relates to a
portion  of the  filing  checked  above,  identify  the  Item(s)  to  which  the
notification relates:
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Part I - Registrant Information

     Full Name of Registrant: Teda Travel Group, Inc.

     Former Name if Applicable: Acola Corp.

Suite 2102,  Chinachem  Century Tower, 178 Gloucester Road,  Wanchai,  Hong Kong
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                     Address of Principal Executive Office
                  (Street and Number) City, State and Zip Code

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Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreason-able effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b) [Paragraph 23,047],
the following should be com-pleted. (Check box, if appropriate)

[X]  (a) The reasons  described  in  reasonable  detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;

[X]  (b) The subject annual report,  semi-annual  report,  transition  report on
     Form 10-K,  Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed
     on or before the fifteenth  calendar day following the prescribed due date;
     or the  subject  quarterly  report or  transition  report on Form 10-Q,  or
     portion thereof will be filed on or before the fifth calendar day following
     the prescribed due date;  and [Amended in Release No.  34-26589  (Paragraph
     72,435), effective April 12, 1989, 54 F.R. 10306.]

[ ]  (c) The accountant's  statement or other exhibit required by Rule 12b-25(c)
     has been  attached  if  applicable.  Part III -  Narrative  State  below in
     reasonable  detail the reasons why the Form 1O-K, 20-F, 11-K, 10-Q,  N-SAR,
     or the transition  report or portion  thereof could not be filed within the
     prescribed  time  period.  [Amended  in  Release  No.  34-26589  (Paragraph
     72,435), effective April 12, 1989, 54 F.R. 10306.]

The company has experienced a delay in completing the information  necessary for
inclusion in its September 30, 2005 Form 10-QSB  Quarterly  Report.  The Company
expects to file the Form 10-QSB within the allotted extension period.


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Part IV - Other Information

     (1) Name and  telephone  number  of  person  to  contact  in regard to this
notification:


    Godfrey Chin Tong Hui      (011)(852)          2833-2186
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          (Name)              (Area Code)     (Telephone Number)

     (2) Have all other periodic  reports  required under Section 13 or 15(d) of
the Securities  Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                                 [X] Yes [ ] No

     (3) Is it anticipated that any significant  change in results of operations
from the corresponding  period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

                                 [ ] Yes [X] No

     If so: attach an explanation of the anticipated  change,  both  narratively
and  quantitatively,  and, if  appropriate,  state the reasons why a reasonable
estimate of the results cannot be made. (See attachment).

                             Teda Travel Group, Inc.
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                  (Name of Registrant as specified in charter)


has  caused  this  notification  to be signed on its  behalf by the  undersigned
thereunto duly authorized.

                                         By: /s/ Godfrey Chin Tong Hui
                                             -----------------------------------
                                                 Godfrey Chin Tong Hui
                                                 Chief Executive Officer
Date: November 14, 2005