GMI Technology Inc. (OTC, TPE: 3312) today announced that last it’s application to move to the Taiwan Stock Exchange Corp. (TSEC) has been approved. The 1st day of being listed on the TSEC will be December 29th, 2010.
Commenting on the announcement, Lewis Lo, president of GMI Technology, said, “We are very proud to become listed on the Taiwan Stock Exchange. This honor is a result of our strong performance and growth the past few years and is an exciting next step for our company. We continue to be optimistic about our continued growth and financial performance in the years ahead, despite the continued economic challenges in some parts of the world. Our strong presence in the Greater China markets will continue to be advantageous.”