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Brilliance China Automotive
Holdings Limited Announces Deregistration Under The United
States Securities Exchange Act
HONG KONG - Brilliance China
Automotive Holdings Limited (the ''Company'') (OTC:BCAHY)
(BULLETIN BOARD: BCAHY) has filed today with the United States
Securities and Exchange Commission (the ''SEC'') a Form 15F to
deregister the ordinary shares underlying its American
Depositary Shares (''ADSs'') under the United States Securities
Exchange Act of 1934, as amended (the ''Exchange Act''). The
Company's reporting obligations under the Exchange Act will be
suspended immediately upon such filing. The deregistration is
expected to become effective 90 days after the filing of the
Form 15F unless earlier withdrawn by the Company or denied by
the SEC.
The decision to deregister has
been reached in view of the low trading volume of the Company's
ADSs and the increase in administrative costs and human
resources required to comply with US reporting and registration
obligations. The Company's ordinary shares will continue to be
listed and traded on the Main Board of The Stock Exchange of
Hong Kong Limited after the deregistration.
(Mar 2, 2009)
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