SINGAPORE, December 27, 2013 /PRNewswire/ -- Linktone Ltd.
(NASDAQ: LTON, ASX: LTL) ("Linktone" or the "Company"), a provider
of media and entertainment content and services in key strategic
markets in Asia, confirmed today
that the Company will file a Form 25 with the Securities and
Exchange Commission ("SEC") on January 2,
2014 to commence its previously announced process to delist
from the NASDAQ Global Select Market ("NASDAQ"). On that date, the
Company anticipates trading of the Company's American Depositary
Shares ("ADSs") on NASDAQ will be suspended and the delisting will
become effective approximately 10 days thereafter. Accordingly, the
Company expects that December 31,
2013 will be the last day that the Company's ADSs will trade
on NASDAQ. Linktone will continue to be subject to reporting
obligations under the Exchange Act until such time as it can
terminate its registration under the Exchange Act.
ABOUT LINKTONE LTD.
Linktone Ltd. is a provider of rich and engaging services and
content to a wide range of traditional and new media consumers and
enterprises in Mainland China, Indonesia, Malaysia, Hong
Kong and Singapore.
Linktone focuses on media, entertainment, communication and
edutainment products, which are promoted through the Group's
various nationwide distribution networks, integrated service
platforms and multiple marketing sales channels, as well as through
the networks of leading mobile operators in Mainland China and
Indonesia.
CONTACTS:
Tan Peck Joo, CFO / Poh Shih Yin,
Regional Financial Controller
Tel: +65-6840-3588 / +65-6840-3503
Email: pjtan@ltongroup.com / shihyin@ltongroup.com
FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking
nature. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. You can identify these forward-looking statements by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," and similar
statements. The accuracy of these statements may be impacted by a
number of risks and uncertainties and you should not place undue
reliance on these statements. Actual results may differ materially
from these expectations due to risks and uncertainties including,
but not limited to, our ability to complete and maintain our
delisting and deregistration as contemplated or at all. Linktone
does not undertake any obligation to update this forward-looking
information, except as required under applicable law.
SOURCE Linktone Ltd.