Suntech Provides Update on NYSE Appeal

1551

Suntech announces that the NYSE’s Committee for Review has upheld a decision previously made by NYSE Regulation to commence delisting proceedings of the company’s American Depositary Shares.

 

Suntech Power Holdings Co., Ltd. (OTC: STPFQ) today announced that the NYSE’s Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the company’s American Depositary Shares.

 

The company expects that a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be filed shortly with the U.S. Securities and Exchange Commission to delist the Company’s American Depositary Shares.

 

As previously announced, trading of the Company’s American Depositary Shares has been suspended by the NYSE since November 11, 2013. Quotations of the company’s American Depositary Shares are available on the OTC market under the symbol STPFQ.