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Article: Creative Technology Announces Its Intention to Move to a Single Primary Stock Exchange Listing - Will Remain on Singapore Stock Exchange.
- Article from:
- PR Newswire
- Article date:
- January 28, 2003
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Copyright informationCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Creative Will Initiate Steps Toward Delisting From NASDAQ
Creative Technology Ltd. today announced that the Company intends to move to a single primary stock exchange listing. The Company's current listing on the Singapore Exchange Securities Trading Limited ("SGX- ST") would become Creative's sole exchange listing. The Company has the intention to delist its Ordinary Shares from the NASDAQ exchange, and will initiate steps that can facilitate the elimination of its U.S. public reporting obligations. The delisting from NASDAQ would not affect the status of Creative's shares on the SGX-ST.
"We believe our shareholders will be best served if Creative ...
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