Home » Business » OTC Markets Group Welcomes Techtronic Industries Co. Ltd. to the OTCQX Market

OTC Markets Group Welcomes Techtronic Industries Co. Ltd. to the OTCQX Market

NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Techtronic Industries Co. Ltd. (Hong Kong Stock Exchange: 669; OTCQX: TTNDY, TTNDF), a global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment has qualified to trade on the OTCQX® Best Market, previously trading on the Pink® market. TTI’s ordinary shares will continue to trade on The Stock Exchange of Hong Kong Limited (SEHK) under the stock code: 669

Techtronic Industries Co. Ltd. begins trading today on the OTCQX Market under the symbols “TTNDY” and “TTNDF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for the OTCQX Market, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Mr. Joseph Galli, CEO of TTI, commented, “We are delighted to begin trading on the OTCQX market. Hong Kong remains the domicile of TTI’s primary exchange listing, but this new development will add greater liquidity to both our ordinary shares and our ADR program, while making the stock more accessible to a broader global investment community.”

Securities Law USA, PLLC acted as the company’s OTCQX sponsor.

About Techtronic Industries Co. Ltd.
Founded in 1985 and listed on the Stock Exchange of Hong Kong Limited in 1990, TTI is a world leader in cordless technology spanning Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products for the consumer, professional, and industrial users in the home, construction, maintenance, industrial and infrastructure industries. The Company has a foundation built on four strategic drivers – Powerful Brands, Innovative Products, Exceptional People and Operational Excellence – reflecting a long-term expansive vision to advance cordless technology. The global growth strategy of the relentless pursuit of product innovation has brought TTI to the forefront of its industries. TTI’s powerful brand portfolio includes MILWAUKEE, RYOBI and AEG power tools, accessories, hand tools and outdoor products, EMPIRE layout and measuring products, and HOOVER, VAX, DIRT DEVIL, and ORECK floorcare and cleaning products.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

Union Tribal Affairs Minister Shri Jual Oram leads celebrations of the 10th International Day of Yoga at Rourkela

Rourkela:21/6/24:Union Minister for Tribal Affairs, Shri Jual Oram led the celebrations of 10th International Yoga Day (IYD) – themed ‘Yoga for Self and Society’ – at Birsa Munda Hockey Stadium, ...