KHD Humboldt Announces Its Inclusion in the New NASDAQ Global Select Market
03 Luglio 2006 - 9:10PM
PR Newswire (US)
HONG KONG, July 3 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag
International Ltd ("KHD") (NASDAQ:KHDH) announced today that it is
included in the new NASDAQ Global Select Market. The NASDAQ Global
Select Market has the highest initial listing standards of any
exchange in the world based on financial and liquidity
requirements. Prior to the change, the company had been listed on
the NASDAQ National Market. Beginning July 3, NASDAQ-listed
companies will be classified under three listing tiers -- NASDAQ
Global Select Market, NASDAQ Global Market, and NASDAQ Capital
Market. NASDAQ also plans to launch indexes based on these new
tiers. "KHD Humboldt is an example of an industry leader that has
achieved superior listing standards, which clearly defines the
essence of the NASDAQ Global Select Market," said Bruce Aust,
Executive Vice President, NASDAQ Corporate Client Group. "NASDAQ is
focused on leading a race to the top in terms of listing
qualifications. In recognizing these companies, we are highlighting
their achievement in meeting the requirements to be included in the
market with the highest listing standards in the world," added Mr.
Aust. NASDAQ announced the new three tier listing classification in
February 2006. All three market tiers will maintain rigorous
listing and corporate governance standards. For additional
information about the NASDAQ Global Select Market, please go to:
http://www.nasdaq.com/GlobalSelect. About NASDAQ NASDAQ is the
largest U.S. electronic stock market. With approximately 3,200
companies, it lists more companies and, on average, trades more
shares per day than any other U.S. market. It is home to companies
that are leaders across all areas of business including technology,
retail, communications, financial services, transportation, media
and biotechnology. NASDAQ is the primary market for trading
NASDAQ-listed stocks. For more information about NASDAQ, visit
http://www.nasdaq.com/ or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom/. About KHD Humboldt Wedag
International Ltd. KHD Humboldt Wedag International Ltd. (the
"Company") owns companies that operate internationally in the
industrial plant engineering and equipment supply industry, and
specializes in the cement, coal and mineral industries. To obtain
further information on the Company, please visit our website at
http://www.khdhumboldt.com/ Contact Information: Allen & Caron
Inc Joseph Allen (investors) (212) 691-8087 or Len Hall (media)
(949) 474-4300 Rene Randall KHD Humboldt Wedag International Ltd
(604) 683-8286 DATASOURCE: KHD Humboldt Wedag International Ltd
CONTACT: Investors, Joseph Allen, +1-212-691-8087, , or Media, Len
Hall, +1-949-474-4300, , both of Allen & Caron Inc, for KHD
Humboldt Wedag International Ltd; or Rene Randall of KHD Humboldt
Wedag International Ltd, +1-604-683-8286, Web site:
http://www.khdhumboldt.com/ http://www.nasdaq.com/GlobalSelect
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