Friday, June 22, 2012

Super Group

Super Group: Co has received a letter from the Taiwan Stock Exchange that the number of units of its STDRs outstanding has been less than 10m units for 3 consecutive months since 14 Mar 2012. This was due to STDR holders exercising their right to convert their STDRs into underlying shares with these being cancelled as a consequence. Co is required to either issue additional TDRs or it may be delisted from Taiwan.

No comments:

Post a Comment