Delisting of Securities of Deer Consumer Products, Inc., Ampal-American Israel
Corporation, Pingtan Marine Enterprise Ltd., and Powerwave Technologies, Inc.
From The NASDAQ Stock Market
NEW YORK, March 20, 2013 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced
today that it will delist the common stock of Deer Consumer Products, Inc.
Deer Consumer Products, Inc.'s stock was suspended on January 11, 2013 and has
not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the common stock of Ampal-American
Israel Corporation. Ampal-American Israel Corporation's stock was suspended on
January 22, 2013 and has not traded on NASDAQ since that time.
NASDAQ also announced that it will delist the warrant of Pingtan Marine
Enterprise Ltd. Pingtan Marine Enterprise Ltd.'s warrant was suspended on
March 12, 2013 and has not traded on NASDAQ since that time.
Finally, NASDAQ announced that it will delist the common stock of Powerwave
Technologies, Inc. Powerwave Technologies, Inc.'s stock was suspended on
January 30, 2013 and has not traded on NASDAQ since that time.
NASDAQ will file a Form 25 with the Securities and Exchange Commission to
complete the delisting for each of these companies.The delistings become
effective ten days after the Form 25 is filed. For news and additional
information about the companies, including the basis for the delistings and
whether the companies' securities are trading on another venue, please review
the companies' public filings or contact the company directly.
For more information about The NASDAQ Stock Market, visit the NASDAQ Web site
at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities
can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site:
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