GengSheng announces voluntary delisting from NYSE
Published: Monday, 12 May 2014
The delisting of its common stock and instead looking to trade in an OTC manner represent the company’s desire to function in a more transparent market-friendly way. It has also been open about its struggles within the domestic refractories market and the difficulties it has faced with the US market.
Chinas GengSheng Minerals Inc. today announced that it
has given written notice to the New York Stock Exchange (NYSE)
to voluntarily delist its common stock.
The refractories producer, which develops, manufactures and
markets monolithic refractories, industrial ceramics, fracture
proppants and fine precision abrasives, said that it will