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AMBOY On Other Exchanges
As of 8:10 PM 04/23/15 All times are local (Market data is delayed by at least 15 minutes).

ambow education holding-adr (AMBOY) Snapshot

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05/20/14 - $0.55
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ambow education holding-adr (AMBOY) Details

Ambow Education Holding Ltd. provides educational and career enhancement services to students, recent graduates, and corporate employees and management in the People’s Republic of China. It operates through two divisions, Better Schools and Better Jobs. The Better Schools division offers K-12 programs and tutoring services that enable students to improve their academic results and educational opportunities. This division operates tutoring centers that provide classroom instruction, small class, and one-on-one tutoring services for students to perform better in school and prepare for important tests, primarily high school and university entrance exams; and educational curriculum and software products through its Web-based applications to allow students access to tutoring services. Its educational software products include eBoPo, which offers full subjects, online practice tests, and instruction for K-12 level students; and K-12 schools that provide full-subject national curriculum, including mathematics, language, history, sciences, and arts. As of December 31, 2014, this division operated 123 tutoring centers and 4 K-12 schools. The Better Jobs division offers career enhancement services that facilitate post-secondary students obtaining employment; and college programs. This division provides students with hands-on training for professional skills, including case studies, job environment simulation, and specific technical skills; and soft skills training, including courses on time management, presentation, leadership, and interview techniques. It also offers corporate training programs for its corporate partners’ employees. This division operated 10 career enhancement centers, 18 training offices, and 2 career enhancement campuses. Ambow Education Holding Ltd. was founded in 2000 and is headquartered in Beijing, the People’s Republic of China.

Founded in 2000

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ambow education holding-adr (AMBOY) Key Developments

Ambow Education Holding Ltd. Announces Fifth Amended and Restated Memorandum of Association and Articles of Association

Ambow Education Holding Ltd. at its Extraordinary General Meeting held on March 5, 2015, approved and adopt the fifth amended and restated memorandum of association and articles of association.

NYSE To Immediately Suspend Trading In American Depositary Shares Of Ambow Education Holding And Commence Delisting Proceedings

The New York Stock Exchange (NYSE) announced that the staff of NYSE Regulation, Inc. (NYSE Regulation) has determined to commence proceedings to delist the American Depositary Shares (ADSs) of Ambow Education Holding Ltd. from the NYSE. Trading in the Company’s ADSs will be suspended prior to the market opening on May 19, 2014. Trading in the Company’s ADSs was previously halted on March 22, 2013, as NYSE Regulation was reviewing the Company’s suitability for continued listing. Trading in the ADSs remains halted at this time. NYSE Regulation is commencing delisting proceedings at this time because the Company has not yet filed with the Securities and Exchange Commission (SEC) its annual report on Form 20-F for the fiscal year ended December 31, 2012 (2012 Form 20-F). As of May 15, 2014, the Company has exhausted in relation to its 2012 Form 20-F the maximum allowable period under Section 802.01E of the NYSE’s Listed Company Manual for which a company may remain listed after it becomes delinquent in filing its annual report with the SEC. NYSE Regulation also notes that the Company did not timely file with the SEC its Form 20-F for the fiscal year ended December 31, 2013. The Company has a right to a review of this determination by a Committee of the Board of Directors of NYSE Regulation. The NYSE will apply to the SEC to delist the Company’s ADSs upon the completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

Ambow Education Holding Ltd. announced delayed 20-F filing

On 04/30/2014, Ambow Education Holding Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.


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