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Kingdee International to Move to Main Board.
(From SinoCast China Financial Watch)
HONGKONG, July 21, SinoCast -- Kingdee International Software Group Co., Ltd. (8133:HK) plans to move to the main board from the Growth Enterprise Market, a key step toward its further expansion. The developer of enterprise management software based in Shenzhen will start trading on the main board with the new stock code 0268 on July 20. It will not need to issue new shares under ongoing rules. Robert Xu, chairman and chief executive officer of Kingdee International, said accession to the main board will enable the company more international financing to bolster its further mergers and acquisitions, and enhance its corporate …
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