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Satyam ADR may start trading in NYSE from Monday
- Filed under: Technology, adr
- Date: Jan 11,2009
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Trading on Satyam ADS had been stopped in NYSE for almost 3 days now from January 7th 2009 to now .NYSE told they are still assessing and they dint come to any conclusions yet.But its expected that Trading on the NYSE may resume on Monday, January 12, 2009, as the NYSE continues its assessment. The NYSE notes that it may, at any time, suspend a security if it believes continued dealings in the security are not advisable.This is the same when it comes to Euro next Amsterdam and Satyam is also subject to the assessment over that exchange.The way how its going now with appointment of directors and everything one may never know it might get listed next week .
