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Sichenzia Ross Friedman Ference LLP Lists First Company From Vietnam on NASDAQ Stock Market
| Quelle: Sichenzia Ross Friedman Ference LLP
NEW YORK, NY--(Marketwire - September 18, 2009) - New York-based securities law firm Sichenzia
Ross Friedman Ference LLP congratulates its client Cavico Corp. (NASDAQ : CAVO ) on its first day of trading on The NASDAQ Capital Market. Cavico
Corp. opened for trading today on NASDAQ under the ticker symbol CAVO.
"We are pleased to be able to break new ground in our representation of
Cavico Corp., which is the first Vietnamese company to be approved for
listing on a U.S. national securities exchange. We have worked very hard
with Cavico Corp.'s management this year to complete a 40 for 1 reverse
stock split and to complete this listing on The NASDAQ Capital Market from
the OTC Bulletin Board. We believe that this successful listing will pave
the way for other Vietnamese companies to access the United States capital
markets and become listed on a national securities exchange. This has all
been made possible by Vietnam's admission to the World Trade Organization
in 2007," said Gregory Sichenzia, founding partner of the firm.
"Our representation of Cavico Corp. augments our existing Asian practice
and our clients from China that have realized that the fastest route to
greater visibility and realizing stockholder value is currently through a
migration to a U.S. national securities listing. We have the experience
and ability to assist our clients in carrying out this transition
expeditiously and economically," said Mr. Benjamin Tan, partner and head of
the firm's Asian Practice Group.
About Cavico Corp.
Cavico Corp. is focused on large infrastructure projects, which include the
construction of hydropower facilities, dams, bridges, tunnels, roads, mines
and urban buildings. Cavico Corp. is also making investments in hydropower
facilities, cement production plants and urban developments in Vietnam.
The company employs more than 3,000 employees on projects worldwide, with
offices throughout Vietnam and a satellite office in Australia.
Founded in 2000, Cavico Corp. is a major infrastructure construction,
infrastructure investment and natural resources conglomerate headquartered
in Hanoi, Vietnam. Cavico Corp. is highly respected for its core competency
in the construction of mission-critical infrastructure including
hydroelectric plants, highways, bridges, tunnels, ports and urban community
developments. One of the Company's primary competitive advantages is its
ability to nurture a project "from concept through completion" with a
vertical portfolio of interrelated investment, permitting, design,
construction management and facility maintenance services. Cavico Corp.'s
project partners include top multi-national corporations and government
organizations. Cavico Corp. and its subsidiaries employ more than 3,000
full-time, part-time, and seasonal workers. For more information, visit
www.cavicocorp.com. Information on Cavico Corp.'s Web site or any other Web
site does not constitute a portion of this release.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP was established in 1999 to provide
experienced, professional representation in all matters involving the
securities industry, as well as in all general corporate and litigation
matters. The Asian Practice Group was formalized in 2008 and currently has
two lawyers fluent in both Mandarin and English. SRFF's clients range from
start-ups to established, listed companies. They include private and public
corporations, partnerships, broker-dealers, bank-affiliated broker-dealers,
investment advisors, registered personnel, public and corporate customers
and investors, partnerships and other entities. SRFF also advises
institutional investors on transactions involving complex securities law
considerations. For more information, visit www.srff.com.