The China Listed Company
Overseas Forum & China Securities "Golden Bauhinia Awards" Ceremony is hosted by Hong Kong Takungpao in collaboration with Chinese Securities Association of Hong Kong, Hong Kong Securities Association, The Hong Kong Chinese Enterprises Association, The Hong Kong Institute of Chartered Secretaries, The Listed Companies Association of Beijing and Shanghai Enterprises Association.
Now in its seventh year, the "Chinese Securities Cup - Top 10 Chinese Listed Company
in Competitiveness and Public Confidence" has been held since 2005.
According to the Stockholm Stock Exchange's listing agreement, information provided by a listed company
must be correct, relevant and reliable.
Becoming a listed company
at the Stockholm Stock Exchange feels a bit like graduating, and we are looking forward to being valued with the transparency of a listed company
", says Christer Sundin, President and Chief Executive Officer of Dios Fastigheter.
According to the Stockholm Stock Exchange's listing agreement, a listed company
must immediately disclose when the Board of Directors makes a decision to convene an extraordinary general meeting.
As an independent listed company
, we're looking forward to continuing to develop Catena and its real estate portfolio.
Due to the death of Director Jobe, the American Stock Exchange issued a Warning Letter pursuant to Section 1009(a)(i) of the Amex Company Guide that the Company is currently out of compliance with Section 121(A)(1) which requires that each listed company
must have a majority of independent directors on its Board of Directors; with Section 121(B)(2)(a) which requires that each listed company
have an Audit Committee of at least three independent board members; and with Section 121(B)(a)(ii) which requires that each listed company
have at least one member of its audit committee who is deemed financially sophisticated.
In addition to this case the exchange stated that a listed company
is not allowed to restrict its duty to disclose information in any way that conflicts the regulations of the exchange.
In making that decision, the Board considered several factors, including the following: (a) the Company has a limited number of stockholders of record, (b) the costs associated with maintaining the Company's status as an AMEX listed company
are outweighed by the benefits to the Company and its stockholders, (c) the limited volume of trading of the shares has resulted in the shares not providing a practical source of capital for the Company or liquidity for its stockholders, and (d) few analysts currently cover the Company and its shares on the AMEX.
Dunphy's resignation, B&G Foods is no longer in compliance with (i) Section 802(a) of the Amex Company Guide, which requires that at least a majority of the directors on the Board of Directors of each listed company
must be independent directors as defined under Section 121A of the Amex Company Guide or (ii) Section 121B(2)(a), which requires that the audit committee of each listed company
have at least three members.
While the NYSE's rules provide procedures which allow listed companies to submit a plan to regain compliance with certain of the NYSE's listing standards, these procedures are not available with respect to a delisting as a result of a listed company
having an average market capitalization of less than $25 million over a 30 trading-day period ending July 29, 2005.