Hello. ADa yang tahu peraturan delisting NYSE mengenai batasan harga saham untuk Delisting ?
Dari Rule 496=501A tidak kelihatan secara spesific. Contoh kasus : Bears Stern - harga terus turun dibawah USD 1. 0.8, 0.4 sampai NOL Citicorp semalam ditutup USD 1.01 = Tidak mungkin Delisting meskipun harga dibawah USD 1 (apa betul ?) = To big To fail, 40% saham sudah dibeli Pemerintah US. ? % milik ABU Dhabi = US Banking adalah kunci dari recovery US economy, pasti di Bail-out habis2an(dikeluarkan/diambilalih Toxic asset dari Balancesheet(pakai SPV) dan disuntik modal baru), seperti juga AIG mati2 di suntik karena kejatuhan AIG akan menghancurkan ecomomy Europe IT is the time to Buy Citicorp Stock ! Pls comment Salam ====================================================== Listing and Delisting (Rule 496501A) Rule 496. Requirements for Independent Agents Acting As or In Lieu of New York City Transfer Agents of Securities Listed on New York Stock Exchange, Inc. [ Rule 496 was removed as part of NYSE-2004-62; please see NYSE Listed Company Manual 601.01 for information regarding Transfer Agents.] Adopted. June 24, 1971. Amended. July 5, 2005 (NYSE-2004-62). Rule 497. Additional Requirements for Listed Securities Issued by NYSE Euronext or its Affiliates (a) For purposes of this Rule 497 the terms below are defined as follows: (1) "NYSE Euronext Affiliate" means NYSE Euronext ( "NYSE Euronext") and any entity that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with NYSE Euronext, where "control" means that one entity possesses, directly or indirectly, voting control of the other entity either through ownership of capital stock or other equity securities or through majority representation on the board of directors or other management body of such entity. (2) "Affiliate Security" means any security issued by a NYSE Euronext Affiliate, with the exception of Investment Company Units as defined in Para. 703.16 of the Listed Company Manual. (3) "New York Stock Exchange LLC" (the "Exchange") is a wholly owned subsidiary of NYSE Euronext. (4) "NYSE Market, Inc." ( "NYSE Market") is a wholly owned subsidiary of the Exchange. NYSE Market is the entity that will manage the Floor trading of securities. (5) "NYSE Regulation, Inc." ( "NYSE Regulation") is a wholly owned subsidiary of the Exchange and will perform the self-regulatory organization responsibilities pertaining to regulating the NYSE Market and the Exchange. (b) Prior to the initial listing of the Affiliate Security on the Exchange, NYSE Regulation shall determine that such securities satisfy New York Stock Exchange LLC's rules for listing, and such finding must be approved by the NYSE Regulation Board of Directors. (c) Throughout the continued listing of the Affiliate Security on the Exchange, NYSE Regulation shall (1) prepare a quarterly report on the Affiliate Security for the NYSE Regulation board of directors that describes: (a) the NYSE Regulation's monitoring of the Affiliate Security's compliance with the Exchange's listing standards, including, (i) the Affiliate Security's compliance with the Exchange's minimum share price requirement and (ii) the Affiliate Security's compliance with each of the quantitative continued listing requirements; and (b) NYSE's Regulation's monitoring of the trading of the Affiliate Security including summaries of all related surveillance alerts, complaints, regulatory referrals, adjusted trades, investigations, examinations, formal and informal disciplinary actions, exception reports and trading data used to ensure that the Affiliate Security's compliance with the Exchange's listing and trading rules. A copy of said report will be forwarded promptly to the Securities and Exchange Commission ( "Commission"). (2) Once a year, an independent accounting firm shall review the listing standards for the Affiliate Security to insure that the issuer is in compliance with the listing requirements and a copy of the report shall be forwarded promptly to the Commission. (3) In the event that NYSE Regulation determines that the Affiliate Security is not in compliance with any of the Exchange's listing standards, NYSE Regulation shall notify the issuer of such non-compliance promptly and request a plan of compliance. NYSE Regulation shall file a report with the Commission within five business days of providing such notice to the issuer of its non-compliance. The report shall identify the date of the non-compliance, type of non-compliance, and any other material information conveyed to the issuer in the notice of non-compliance. Within five business days of receipt of a plan of compliance from the issuer, NYSE Regulation shall notify the Commission of such receipt, whether the plan was accepted by NYSE Regulation or what other action was taken with respect to the plan and the time period provided to regain compliance with the Exchange's listing standards, if any. Adopted. February 27, 2006, effective March 8, 2006 (NYSE-2005-77). Amended. February 14, 2007 (NYSE-2006-120). Rule 499. Suspension from Dealings or Removal from List by Action of the Exchange [ Rule 499 was removed as part of NYSE-2005-15; please see NYSE Listed Company Manual Sections 801-804 for information regarding delisting.] Amendments. April 15, 1965. May 23, 1968. October 17, 1968. April 17, 1969. July 15, 1971. April 24, 1972. May 2, 1974. May 13, 1976. March 9, 1977. December 21, 1983. May 9, 1984. October 3, 1988. May 5, 1994. October 26, 1998. June 9, 1999. December 1, 1999. May 30, 2000. January 10, 2003. March 1, 2004 (NYSE-2004-02). May 5, 2005 (NYSE-2005-15) [Rescinded from Rule book and users referred to Listed Company Manual Sections 801-804.]. Rule 500. Removal from the List Upon Request of the Issuer [ Rule 500 was removed as part of NYSE-2003-23.] Amendments. June 21, 1956. July 21, 1999. October 30, 2003 (NYSE-2003-23). May 5, 2005 (NYSE-2005-15). Rule 501A. Withdrawal from Listing and Registration Under Securities Exchange Act of 1934 [ Rule 501A was removed as part of NYSE-2005-15.] Amendments.. May 5, 2005 (NYSE-2005-15).
