LONDON AIM LURES CHINESE FIRMS
AsiaInfo Services, August, 2006
AsiaInfo Services 08-24-2006 London AIM Lures Chinese Firms CHINA, Aug 24, 2006 (SinoCast via COMTEX) -- Due to the low threshold, AIM of London Stock Exchange is luring a handful of medium- and small-sized Chinese firms to go public there. And relevant negotiations are under way. AIM is a leading market for small yet growing companies.
It has no minimum market capitalization standard, no requirement for trading record and no lowest percentage for public holdings. Even significant acquisition can be realized before approved by shareholders. AIM of London Stock Exchange, which was founded in 1995, customized listing procedures for medium- and small-sized firms especially, according to an insider. So, any small firms that are growing fast can list in AIM....
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