{
    "success": true,
    "data": {
        "id": 1093116,
        "msgid": "nyse-reviews-apps-listing-1447893297",
        "date": "2001-03-15 00:00:00",
        "title": "NYSE reviews APP's listing",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "NYSE reviews APP's listing NEW YORK (Reuters): The New York Stock Exchange on Tuesday said the listing of debt-laden Asia Pulp & Paper Co. Ltd. was under review because the Indonesian company's shares have fallen below the $1 minimum price. The NYSE notified APP, the 10th-largest paper company in the world, that it was out of compliance with its listing requirements. A share must trade for at least $1 over a 30-day period six months from notice.",
        "content": "<p>NYSE reviews APP's listing<\/p>\n<p>NEW YORK (Reuters): The New York Stock Exchange on Tuesday<br>\nsaid the listing of debt-laden Asia Pulp &amp; Paper Co. Ltd. was<br>\nunder review because the Indonesian company's shares have fallen<br>\nbelow the $1 minimum price.<\/p>\n<p>The NYSE notified APP, the 10th-largest paper company in the<br>\nworld, that it was out of compliance with its listing<br>\nrequirements. A share must trade for at least $1 over a 30-day<br>\nperiod six months from notice.<\/p>\n<p>Trading in APP's American depositary receipts was halted at 18<br>\ncents on Monday on the NYSE, after the company said it would stop<br>\ninterest and principal payments on all its debt. Trading resumed<br>\non Tuesday, with shares falling 22 percent to 14 cents.<\/p>\n<p>According to the Singapore-based company's balance sheet on<br>\nJune 30, APP's consolidated debt and preferred stock totaled<br>\n$11.6 billion.<\/p>\n<p>A spokesman for Credit Suisse First Boston, which APP has<br>\nhired as advisors, said the restructuring of the company's debt<br>\nwould be the biggest ever in the emerging markets.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/nyse-reviews-apps-listing-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}