Mando China Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Mando China Holdings Ltd Announces Postponement Of Global Offering
Mando China Holdings Ltd announced that due to adverse market conditions that have developed since the start of the Global Offering, and which led to significant market volatility, both Mando Corporation and the Company have decided to postpone the planned Global Offering and listing of the Company on the Hong Kong Stock Exchange. Accordingly, the International Purchase Agreement in relation to the International Offering will not be entered into and the Hong Kong Underwriting Agreement in relation to the Hong Kong Public Offering will not become unconditional. The decision to postpone the listing does not in any way affect the Company’s business and the Company is committed to develop and grow business. The Company and Mando Corporation remain committed to proceed with the listing of the Company in the future, when market conditions have improved, to unlock the true value of the Company, and will continue to monitor market conditions to assess the appropriate window for listing.
Latest Developments for Mando China Holdings Ltd
Latest Key Developments in Auto,
- Visteon Corporation agreement to sell ownership interest in Halla Visteon Climate Control Corp. to Hahn & Co. and Hankook Tire
- India Motor Parts and Accessories Ltd announces demise of Chairman
- Mobiletron Electronics announces transformation of subsidiary
- Kasai Kogyo Co Ltd raises consolidated full-year outlook for FY 2015
- Share this
- Digg this