Boulder Steel To Withdraw Securities From NASDAQ Dubai

Australia's Boulder Steel Ltd. will withdraw its securities from secondary listing on the NASDAQ Dubai bourse, according to a statement on its Web site.

"The company has decided to withdraw its securities from NASDAQ Dubai because of low turnover on that exchange and the compliance costs of maintaining the listing," Boulder Steel Ltd. said in a statement.

The securities will be withdrawn in two months, according to the note posted late last week on the NASDAQ Dubai Web site.