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CMQ Cathay Merchant Grp.

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Share Name Share Symbol Market Type
Cathay Merchant Grp. AMEX:CMQ AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Cathay Merchant Group, Inc. Update

28/02/2007 7:34pm

Business Wire


Cathay Merchant (AMEX:CMQ)
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Cathay Merchant Group, Inc. (AMEX: CMQ) (the “Company”) -- on February 27, 2007, the Company received notice from the American Stock Exchange (“Amex”) indicating that the Company is not in compliance with Section 704 of the Amex Company Guide (the “Guide”), which requires a listed company to hold meetings of its shareholders annually to elect directors and take action on other corporate matters. The Company was afforded the opportunity to submit a plan of compliance to Amex by March 13, 2007, that demonstrates the Company’s ability to regain compliance with Section 704 of the Guide by May 29, 2007. If the Company does not submit a plan or if the plan is not accepted by Amex, the Company may be subject to delisting procedures as set forth in Section 1010 and Part 12 of the Guide.

1 Year Cathay Merchant Chart

1 Year Cathay Merchant Chart

1 Month Cathay Merchant Chart

1 Month Cathay Merchant Chart

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