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MOL Global’s Nasdaq journey ends


 This 2012 file photo shows MOL's office at Berjaya Times Square in Kuala Lumpur.

This 2012 file photo shows MOL's office at Berjaya Times Square in Kuala Lumpur.


KUALA LUMPUR: Malaysian e-payment platforms operator MOL Global Inc’s bumpy Nasdaq journey has come to an end after less than two years, with it allowing its American depositary shares (ADSs) to be delisted from the Nasdaq Global Select Market.

In a press statement on Wednesday, MOL said that it had received a non-compliance letter from Nasdaq on Oct 5, 2015, notifying that it no longer met the minimum bid price of US$1.00 per ADS required for continued listing on the exchange.  
   

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