"Execution of the agreement brings with it the opportunity to broaden our customer base, expand our over-the-counter product offerings and increase our manufacturing scale--all of which strengthens Leiner's ability to help grow the store brand share of the over-the-counter market
for the nation's leading retailers."
The over-the-counter market
differs from stock exchanges in that it lacks the specific listing and reporting requirements.
Each ADR represents 20 ordinary shares and trades on the US over-the-counter market
under the symbol, 'WGHPY.' WH Group's ordinary shares trade on the Hong Kong Stock Exchange under the code, '288 HK.'
Acting as joint book running managers for the offering are BofA Merrill Lynch and Barclays and the two companies propose to offer the shares at prevailing market prices or otherwise from time to time through the Nasdaq Global Select Market, the over-the-counter market
, negotiated transactions or otherwise.
Schive said the nature of firms listed on the TSEC has been diversified this year, including initial public offerings (IPOs), Taiwan depository receipts (TDRs), exchange traded funds (ETFs) and those converted from the over-the-counter market
According to Sanofi, the Chinese over-the-counter market
's value in 2008 stood at EUR7bn and is expected to further grow over the next five years.
She is quick to point out that the over-the-counter market
has experienced a higher level of sophistication in the manner in which private label products are presented to consumers.
Hiramatsu is currently registered for trading on the Jasdaq over-the-counter market
for start-up companies.
The holding company's shares are already traded on Nasdaq, as well as in the over-the-counter market
in Berlin and Munich, but now it will be going for a full German stock exchange listing.
Neither a qualified appraisal nor an appraisal summary is required for securities listed daily on a national stock exchange or regularly traded on a national or regional over-the-counter market
or for mutual funds for which quotations are published daily in general-circulation newspapers.
As for our ethical pharmaceuticals, we know that one way we can extend a product's life cycle is to move it into the over-the-counter market
. We had several products we thought were eligible for that kind of move, but we had no expertise in marketing over-the-counter drugs.
35 on the 1991 Be industrial/service 100, became the first black-owned public company, and was listed on the over-the-counter market
. It has since returned to private ownership.