Three PT Firms to Be Suspended from Particular Transfer

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Thursday, April 26, 2001, updated at 08:46(GMT+8)

Business

Three PT Firms to Be Suspended from Particular Transfer

Three particular transfer (PT) companies, PT SAIC Multiple Trading (SSE: 600837), PT Commercial Real Estate (SSE: 600833) and PT Shanghai Double Deer Electric Appliances Co., Ltd. (SSE: 600633), announced their stocks will be suspended from particular transfer services from April 27 to May 26.

They made the announcements to ensure equitability in information availability and stock trading, as the three firms are under major assets restructuring.

The three companies had all acquired a six-month grace period from the China Securities Regulatory Commission.

However, they will be delisted from the stock exchange if they fail to make profit in the interim term of 2001.

Source: Panorama



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	Three particular transfer companies, PT SAIC Multiple Trading, PT Commercial Real Estate and PT Shanghai Double Deer Electric Appliances Co., Ltd., announced their stocks will be suspended from particular transfer services from April 27 to May 26.




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