Article: AMOI GEARING UP FOR BUSINESS RESHUFFLE


AsiaInfo Services
10-09-2009
Amoi Gearing up for Business Reshuffle

SHANGHAI, Oct 09, 2009 (SinoCast Daily Business Beat via COMTEX) -- Amoi Electronics Co. Ltd. (SHSE: 600057), an insolvent electronics maker in China, is gearing up for a business reshuffle that will bring it into a new life.

The Xiamen-based company is about to come up with a regrouping scheme this November, disclosed a source close to the Amoi reorganization and liquidation working group lately, noting that the company will strive to get back to the stock market next year.

After suffering losses for four years in a row, Amoi is urged to get delisted from the Shanghai stock exchange (SHSE). The company, which reported a CNY ...

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