WSP Holdings (WH) 0.67 $WH
WSP Holdings Receives Notification of Non-Compliance from NYSE
PR Newswire - Mon Aug 18, 3:15PM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"
, a Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced today that on July 18, 2014, the Company has received a notice from NYSE Regulation, Inc. (the "Exchange" of failure to satisfy continued listing standards (the "Letter" because the average closing price of the Company's American Depositary Shares ("ADSs" was less than $1.00 per ADS over a consecutive 30-trading-day period. The Company is now subject to the procedures as set forth in Sections 801 and 802 of the NYSE Listed Company Manual (the "Listed Company Manual" , which allows the Company up to a six-month period following receipt of the Letter to bring its average share price back above $1.00.
WH: 0.67 (unch)
WSP Holdings Limited Announces Restructuring of Bazhou Seamless
PR Newswire - Mon Jul 07, 8:00AM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company" , a Chinese manufacturer of API ("American Petroleum Institute" and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced that the People's Government of Bayingol Mongolia Prefecture (the "People's Government" has established an operation coordination group (the "Coordination Group" to restructure Bazhou Seamless Oil Pipe Co., Ltd. ("Bazhou Seamless" , a subsidiary of Wuxi Seamless Oil Pipe Co., Ltd. ("Wuxi Seamless" , in Bazhou. The Coordination Group is chaired by three deputy governors of Bazhou and includes representatives from entities such as Bazhou Seamless, the Secretariat of the People's Government, the Bazhou Economic Office (Finance Office), the Bazhou Commission of Economy and Information Technology, the Bazhou Finance Bureau, the State-owned Assets Management Co., Ltd. of Bazhou, Bank of China, Bazhou Branch, China Construction Bank, Bazhou Branch, Huaxia Bank, Urumqi Branch, and Xinjiang Tianxue Law Firm.
WH: 0.67 (unch)
WSP Holdings Limited Announces Director Resignation
PR Newswire - Fri Jul 04, 8:00AM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company" , a Chinese manufacturer of API ("American Petroleum Institute" and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced that Mr. Badrul Feisal bin Abdul Rahim tendered his resignation from the board of directors of the Company effective June 30, 2014. The resignation is in line with the internal decision of the UMW Group to relieve Mr. Badrul Feisal of some of the directorships held by him in order to encourage the effectiveness and efficiency in the directorships that he still holds.
WH: 0.67 (unch)
WSP Holdings Receives Notification of Non-Compliance from NYSE
PR Newswire - Mon Aug 18, 3:15PM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"
, a Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced today that on July 18, 2014, the Company has received a notice from NYSE Regulation, Inc. (the "Exchange" of failure to satisfy continued listing standards (the "Letter" because the average closing price of the Company's American Depositary Shares ("ADSs" was less than $1.00 per ADS over a consecutive 30-trading-day period. The Company is now subject to the procedures as set forth in Sections 801 and 802 of the NYSE Listed Company Manual (the "Listed Company Manual" , which allows the Company up to a six-month period following receipt of the Letter to bring its average share price back above $1.00. WH: 0.67 (unch)
WSP Holdings Limited Announces Restructuring of Bazhou Seamless
PR Newswire - Mon Jul 07, 8:00AM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"
, a Chinese manufacturer of API ("American Petroleum Institute" and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced that the People's Government of Bayingol Mongolia Prefecture (the "People's Government" has established an operation coordination group (the "Coordination Group" to restructure Bazhou Seamless Oil Pipe Co., Ltd. ("Bazhou Seamless" , a subsidiary of Wuxi Seamless Oil Pipe Co., Ltd. ("Wuxi Seamless" , in Bazhou. The Coordination Group is chaired by three deputy governors of Bazhou and includes representatives from entities such as Bazhou Seamless, the Secretariat of the People's Government, the Bazhou Economic Office (Finance Office), the Bazhou Commission of Economy and Information Technology, the Bazhou Finance Bureau, the State-owned Assets Management Co., Ltd. of Bazhou, Bank of China, Bazhou Branch, China Construction Bank, Bazhou Branch, Huaxia Bank, Urumqi Branch, and Xinjiang Tianxue Law Firm. WH: 0.67 (unch)
WSP Holdings Limited Announces Director Resignation
PR Newswire - Fri Jul 04, 8:00AM CDT
WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"
, a Chinese manufacturer of API ("American Petroleum Institute" and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG" , and other pipes and connectors, announced that Mr. Badrul Feisal bin Abdul Rahim tendered his resignation from the board of directors of the Company effective June 30, 2014. The resignation is in line with the internal decision of the UMW Group to relieve Mr. Badrul Feisal of some of the directorships held by him in order to encourage the effectiveness and efficiency in the directorships that he still holds. WH: 0.67 (unch)
