Wacoal Holdings Corp. Begins Trading on OTCQX®
NEW YORK, April 26, 2013 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of Open, Transparent and
Connected financial marketplaces, today announced that Wacoal
Holdings Corp. (OTCQX: WACLY; JP:3591), a global designer and
manufacturer of women's intimate apparel based in Japan, has been qualified to have its American
Depositary Receipts (ADRs) traded on OTCQX®, the best OTC
marketplace with qualified companies.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Wacoal Holdings Corp. began trading today on the International
Premier tier of OTCQX, which is designed for world-leading
companies that are listed on a qualified international exchange and
provide their home country disclosure to U.S. investors.
Current financial disclosures and Real-Time Level 2 quotes for
Wacoal Holdings is available on www.otcmarkets.com.
"OTCQX International Premier is the best marketplace
for global companies that meet the highest financial and
disclosure standards," said R. Cromwell Coulson,
President and CEO of OTC Markets Group. "With OTCQX, Wacoal
can continue to provide a great trading experience for their U.S.
investors as they transition from NASDAQ OMX and provide
their high-quality home country disclosure in English as
an efficient alternative to SEC reporting."
BNY Mellon will serve as Wacoal Holdings Corp.'s Principal
American Liaison ("PAL") on OTCQX, responsible for providing
professional guidance on OTCQX requirements.
Wacoal Holdings Corp. is a designer, manufacturer and marketer
of women's intimate apparel, garments and lingerie based in
Japan. The company also designs, manufactures and sells
women's shapewear, nightwear, outerwear, sportswear, hosiery and
other apparel and textile products, runs other business related to
food, culture and services, and interior furnishing service.
The company operates in four segments: Wacoal Business (Domestic),
Wacoal Business (Overseas), Peach John Business and Others.
As of March 31, 2012 the
company had a total of 155 retail stores, including 18 outlet
stores.
Wacoal Holdings Corp. trades in the U.S. on OTCQX under the
symbol "WACLY," where each ADR represents five ordinary shares.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and
Connected financial marketplaces for 10,000 U.S. and global
securities. Through our OTC Link® ATS, we directly link a diverse
network of broker-dealers that provide liquidity and execution
services for a wide spectrum of securities. We organize these
securities into marketplaces to better inform investors of
opportunities and risks – OTCQX®, The Best Marketplace with
Qualified Companies; OTCQB®, The Venture Stage Marketplace with
U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with
Variable Reporting Companies. Our data-driven platform enables
investors to easily trade through the broker of their choice at the
best possible price and empowers a broad range of companies to
improve the quality and availability of information for their
investors. To learn more about how we create better informed and
more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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SOURCE OTC Markets Group Inc.