NEW YORK, Jan. 9, 2013 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market ® (Nasdaq:NDAQ) announced that Deer Consumer Products, Inc. (DEER), which has been subject to a trading halt since August 13, 2012, will be suspended from the NASDAQ Stock Market effective January 11, 2013. As a result of the suspension, Deer Consumer Products may be eligible to resume trading in the over the counter market. The suspension is the result of a final determination to delist the Company's shares issued by the Panel after a hearing on the matter. NASDAQ will file a Form 25 Notification of Delisting with the Securities Exchange Commission upon the expiration of applicable appeal periods.
For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotes SM on the NASDAQ ® Web site.
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