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Rumor: Asustek aims for being listed on the NYSE
While this is nothing more then speculation, I find it interesting that Asustek may be trying to get listed on the New York Stock Exchange (NYSE) in the near future. Should be interesting to see what happens!
Asustek Computer will separate its ASUS-branded business from the company and concentrate solely on the manufacturing side instead of spinning off its wholly-owned subsidiary Asusalpha Computer, according to the Chinese-language Apple Daily, citing industry sources as saying. Asustek?s own-brand operation is expected to turn into a new independent company, which will set up a headquarters in Singapore and will aim for listing on the New York Stock Exchange (NYSE) in the future, according to the sources. Asustek declined to comment on the report, which contradicts previous reports stating that it would spin off it?s manufacturing arm.
Posted by | Mon, Nov 28, 2005 - 04:15 AM
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