HONG KONG, May 25 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (the "Company") is pleased to announce that as of May 24, 2007, the New York Stock Exchange, Inc. (the "NYSE") has approved the Company's application for the listing of its common shares without par value on the NYSE.
The Company is currently listed on the NASDAQ Global Select Market (the "NASDAQ"). The Company has given notice to NASDAQ of its intention to voluntarily terminate its listing on the NASDAQ and anticipates that its last day of trading on the NASDAQ will be June 15, 2007. Subsequently, it is expected that the Company's common shares will commence trading on the NYSE on June 18, 2007 under the ticker symbol "KHD".
The Company's CEO Jim Busche commented, "The worldwide prestige of a New York Stock Exchange listing will be an advantage for us in dealing with customers and clients all over the world. We believe it will also be an advantage for our shareholders, and will bring better liquidity to our trading. We are pleased and honored to be joining the New York Stock Exchange."
About KHD Humboldt Wedag International Ltd.
KHD Humboldt Wedag International Ltd. owns companies that operate internationally in the industrial plant engineering and equipment supply industry, and specializes in the cement, coal and mineral industries. To obtain further information on the Company, please visit our website at http://www.khdhumboldt.com/
Contact Information: Allen & Caron Inc
Joseph Allen (investors)
(212) 691-8087
