SAO PAULO, BRAZIL, December 03, 2012 (Press-News.org) APT Partners Managing Director Dr William Becker this morning announced that despite his recent statements, the company will not move ahead with its plans to open a dedicated small cap centre until the end of 2013 due to the company's current workload and short-term contracts in the pipeline.
The planned office would have served to provide a walk-in centre for small business owners to get information on initial public offerings and stock market floatation. Recently instated Managing Director, Dr William Becker said "We will push forward with this planned restructuring, but to do so at this time would be detrimental to our ability to provide our operations. Timing is everything in our industry, and it is important to respect this."
APT Partners CEO. Matthew Rose was also keen to comment on this announcement and emphasise that this is a delay not a cancellation.
"APT Partners board of directors strives to ensure that its strategies are effectively implemented, and risks are insofar as possible, managed and mitigated, in order to minimise disruption. As a result of this the company has extended the planned transitional period." CEO. Matthew Rose
Dates are subject to change, but the preliminary expected completion date for the restructuring is currently September 30th 2013.
This communication contains forward-looking statements. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements.
APT Partners is a Sao Paulo, Brazil based investor relations services company. Contact us on +55 11 2599-8377 for more information.
APT Partners To Postpone Opening Of Small Cap Only Department
Investor relations company APT Partners will delay the opening of its small cap office until at least the third quarter of 2013 to ensure minimal disruption to its services.
2012-12-03
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[Press-News.org] APT Partners To Postpone Opening Of Small Cap Only DepartmentInvestor relations company APT Partners will delay the opening of its small cap office until at least the third quarter of 2013 to ensure minimal disruption to its services.