NASDAQ Notification of Bid Price Non-Compliance
COPENHAGEN, Denmark, Jan 4, 2012 (GlobeNewswire via COMTEX) --
TORM has received a letter from the listing qualifications department staff of the NASDAQ Stock Market LLC ("NASDAQ"), notifying the Company that for 30 consecutive business days the bid price of the Company's American Depository Shares (ADS) had closed below USD 1.00 per share, the minimum closing bid price required by the continued listing requirements of Read more [...]