Monday 23 May 2011

gulfnews : Chinese firm to delist from Nasdaq Dubai in July

China Security & Surveillance Technology Inc (CSST), an integrated surveillance and safety solutions provider of mainland China, yesterday said it was delisting its shares from the Dubai bourse.

CSST joined the Dubai International Financial Exchange (DIFX) in 2008, becoming the first company from China to join the bourse, which was later renamed Nasdaq Dubai.

The company listed its ordinary shares on Nasdaq Dubai in a secondary listing. Its primary listing is on the New York Stock Exchange. CSST did not give any specific reason for its decision to delist.

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