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Charlotte-based Swisher Hygiene said Monday that it is behind filing required a required quarterly financial report, and in danger of being delisted by the Nasdaq and the Toronto Stock Exchange. The company said it hopes to file its quarterly report
In another five weeks the deadline set by the Securities and Exchange Board of India for listed companies to achieve at least a 25 per cent public float will become a rule. The options from here are then three; either the companies with less than the
The reverse split was made effective to stockholders of record on Tuesday. Under the shareholder-approved plan, every fifteen shares of pre-split common stock were reclassified and converted into one share of post-split common stock. On Tuesday, the
This non-compliance, which signals a possible delisting risk, has resulted from the fact that the company's reported stockholders' equity as of Dec 31, 2012 fell below the $10 million threshold as required by the listing rules, the statement said.
In a board meeting held on April 24, the PSE board of directors granted the petition for voluntary delisting filed by San Miguel Brewery. "... [T]he shares of SMB shall be delisted from the Exchange effective 15 May 2013, Wednesday," the PSE said in
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The PSE approved the company's petition for voluntary delisting, after completing a buy share buyback program to meet the Securities Regulation Code requirements. ATR Kim-Eng Capital Partners Inc. was tapped as financial advisor for the tender offer.
ADRs will not be listed or quoted on another national securities exchange in the U.S. The company intends to file a Form 25 with the U.S. Securities and Exchange Commission (SEC) to effect the delisting on or about the 16th of May 2013, Ooredoo said
Wednesday that it proposes to buy back the 19% stake held by the public at Rs 130 a share and take the company private...The move comes seven months after the promoters sold 9% through an OFS, reducing their holding to 81% in partial compliance of
Listings Qualifications Panel had warned the department store retailer in March that its listing was under consideration for removal due to noncompliance issues. In September, Stein Mart was put on notice for not filing its second-quarter earnings