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JQW Shares To Be De-listed From AIM After Failing To Find Nomad (ALLISS)

Thu, 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; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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2 Dec 2015 09:24

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9 Nov 2015 11:53

JQW warns on profit as operations still on hold

(ShareCast News) - Chinese e-commerce operator JQW has been hit by temporary official restrictions which the board said will hit profit for the full year. The company, which connects Chinese business buyers and sellers, was forced offline by China's Administration of Industry and Commerce (AIC) for

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9 Nov 2015 08:40

JQW Sees 2015 Profit Falling Thanks To China Suspension

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19 Oct 2015 15:08

JQW operations remain suspended

(ShareCast News) - Business-to-business e-commerce operator JQW said its operations remain suspended as it carries out further training for new staff that it has recruited to strengthen its website monitoring activity. Following its inspection last week, China's Administration of Industry and Commer

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19 Oct 2015 13:18

UPDATE: JQW Says Operations To Be Suspended For Further Fortnight

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19 Oct 2015 07:58

JQW Says Progress Made On Lifting Chinese Suspension

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23 Sep 2015 09:20

Increased revenues help lift JQW half-year profits

(ShareCast News) - Business-to-business e-commerce operator JQW said a 25% increase in half-year revenues led to an increase in pre-tax profits of CNY110m (£11.2m) against CNY105m (£10.7m) last time. Revenues at the AIM-listed company rose CNY433m (£44.2m) from CNY346m (£35.3m). Active fee paying me

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23 Sep 2015 09:08

JQW Profit And Revenue Higher But User Growth Slows In First Half

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21 Sep 2015 16:19

JQW forced offline, share price plummets

(ShareCast News) - JQW has been forced to shut down their website, which has sent the stock plummeting. The AIM-listed e-commerce platform company, which focuses on connecting Chinese buyers with Chinese sellers, has been forced offline for a month for violating advertising regulations. In a letter

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21 Sep 2015 06:43

JQW Fined And Operations Suspended Over Chinese Ad Law Violations

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9 Sep 2015 11:46

JQW appoints Francis Chan Hein Huey as CFO

(ShareCast News) - JQW has appointed Francis Chan Hein Huey as chief financial officer with immediate effect, replacing Kooi Wei Boon, who has resigned from the company. Huey is 25 and has more than five years of experience in the auditing industry, having previously worked at Crowe Horwath Malaysia

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9 Sep 2015 10:28

JQW Appoints Francis Chan Hein Huey As New Finance Chief

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