Orient Optoelectronics Co., Ltd. (hereinafter referred to as "the company") shares were suspended from trading on August 24, 2015 due to the planning of non-public offering of shares.
On September 9, 2015, the “Announcement on Planning the Progress of Non-Public Issuance of Stocks and Deferred Resumption of Trading†was disclosed.
In view of the fact that the company's planned non-public offering of stocks is under intense pressure, it is necessary to audit, evaluate and work on the underlying assets to be acquired by the raised funds. There is still a large uncertainty, which is not expected to be fixed. The resumption date was resumed on September 16, 2015 and the release plan was disclosed.
In order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, the company's stock will continue to be suspended from September 16, 2015 to October 5, 2015. If the company discloses a non-public offering before October 5, 2015, the company will apply for an early resumption of trading.
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