Shiner International approaches Nasdaq delisting
date:Sep 05, 2012
nd registration.

The situation has come about as a result of the poor share performance of Shiner. On September 1, 2011, it was notified by the Nasdaq that for 30 consecutive days the bid price of its common stock closed below $1 per share, breaching the Nasdaqs terms for continued listing. Shiner was given until February 28 to regain compliance.

Period of grace

When that deadline had passed it was given an additional period of grace, until August 28, to boost share price performance. It prop
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