March 28, 2011

AvanSrate To Postpone IPO

Following RaQualia, AvanSrate Inc., a PE-backed LCD glass manufacturer, announced that AvanSrate has decided to postpone its pending public offering due to the volatile markets brought about by the Tohoku earthquake. Another newcomer, Semitec Co., a manufacturer of sensor-based electronic components, has also turned down the IPO.

No comments: