Hong Kong – i-CABLE Communications Limited (i-CABLE) will file a Form 15F with the United States Securities and Exchange Commission (SEC) to deregister and terminate its reporting obligations under the United States Securities Exchange Act (the Exchange Act). i-CABLE’s reporting obligations under the Exchange Act will be suspended immediately upon such filing, and the deregistration is expected to become effective 90 days after the filing, unless earlier withdrawn by i-CABLE or denied by the SEC. i-CABLE will publish the information required under Rule 12g3-2(b) of the Exchange Act on its website www.i-cablecomm.com. An i-CABLE spokesman said the decision to deregister has been reached in view of limited trading volume of the Company’s ADSs and the time and cost required to comply with US reporting and registration obligations. Following the deregistration, the ADRs will continue to be traded in the over-the-counter markets, and the Bank of New York Mellon will continue to act as i-CABLE’s ADR depositary. i-CABLE and Bank of New York Mellon will amend their relevant Deposit Agreement to reflect the change of its reporting status under the Exchange Act. A copy of the amendment to the Deposit Agreement will be filed with the SEC.
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