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China arm IPO put on hold - Aptech

This article was posted on Oct 29, 2009 and is filed under Market News

There is a dealy in ipo lising of Aptech’s Chinese arm BJB career. The delay is due to alleged discrepancies in accounts of first six months. Aptech’s arm, BJB Career Education Company, which contributes nearly 50% to Aptech’s revenue, was proposed to list on the Chinese stock exchanges. Aptech is yet to respond to queries on the issue.

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