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Appliances - Global-Tech Appliances Announces Recent Developments Regarding the Possibility of Delisting From NYSE (Business Wire via Yahoo! Finance)
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Global-Tech Appliances Announces Recent Developments Regarding the Possibility of Delisting From NYSE (Business Wire via Yahoo! Finance)
Tue, 18 Nov 2008 22:30:00 GMT
HONG KONG----Global-Tech Appliances Inc. today announced that the staff of the New York Stock Exchange orally advised the Company on November 14, 2008 that it was in danger of falling below the NYSE’s continued listing standard regarding average global market capitalization over a consecutive 30-day trading period of not less than $25 million.
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