31st Dec 2015 11:10
LONDON (Alliance News) - JQW PLC on Thursday said its shares will de-listed from London's AIM market after it failed to appoint a replacement nominated adviser.
JQW's former nominated adviser, Cairn Financial Advisers, resigned on December 4. As the Chinese e-commerce operator was unable to find a replacement, its shares will be cancelled on January 4.
The stock has been been suspended since December 4. It last traded at 2.68 pence per share, giving the company a market capitalisation of GBP5.2 million.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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