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Article: Sinotel Technologies Ltd. Obtains American Depository Receipt Ticker 'SNOXY'.
- Article from:
- Telecommunications Weekly
- Article date:
- November 18, 2009
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Sinotel Technologies, Ltd. (Singapore Exchange: D3W and ADR: SNOXY) ("Sinotel" or "the Company"), an innovator of wireless telecommunications infrastructure and solutions in China, has selected BNY Mellon as the depositary bank for its American Depositary Receipt ("ADR") program. Each Sinotel ADR represents 20 ordinary shares and trades on the over-the-counter (OTC) market under symbol "SNOXY." Additional information of Sinotel's ADR profile can be retrieved on BNY Mellon's website, under http://www.bnymellon.com/dr .
Mr. Li Zhen Yu, CEO of Sinotel, said, "After several months of hard work, this maiden transaction finally marks the successful quoting of our ADRs ...