Thursday, December 30, 2010


Ziwo: Announced a delay in TDR issue due to delay in obtaining approval of Taiwan authorities, poor mkt conditions in Dec and time needed by Co and Underwriter to prepare for roadshows. Co has sought SGX's approval in extending the deadline for placement of new shares from 31Dec10 to 31Jan11….

Technically, see near term support at $0.365 (Recent week low) and resistance at $0.38.

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