[Federal Register Volume 60, Number 112 (Monday, June 12, 1995)]
[Notices]
[Page 30919]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14321]



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SECURITIES AND EXCHANGE COMMISSION
[File No. 1-10567]


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (International Murex Technologies Corporation, Common 
Stock, No Par Value)

June 6, 1995.
    International Murex Technologies Corporation (``Company'') has 
filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to 
withdraw the above specified security (``Security'') from listing and 
registration on the American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    According to the Company, its Board of Directors (``Board'') 
approved resolutions on May 4, 1995 to withdraw the Company's Security 
from listing on the Amex and, instead, list such Security on the 
National Association of Securities Dealers Automated Quotations 
National Market System (``Nasdaq/NMS''). The decision of the Board 
followed a lengthy study of the matter and was based upon the belief 
that listing the Security on the Nasdaq/NMS will be more beneficial to 
the Company's shareholders than the present listing on the Amex because 
the Company believes:
    (1) the Nasdaq/NMS system of competing market makers will result in 
increased visibility and sponsorship for the Security than is presently 
the case with the single specialist on the Amex;
    (2) the Nasdaq/NMS system will offer the Company's shareholders 
more liquidity than is presently available on the Amex and less 
volatility in quoted prices per share when trading volume is slight;
    (3) the Nasdaq/NMS system will offer the opportunity for the 
Company to secure its own group of market makers and expand the capital 
base available for trading in the common stock; and
    (4) the firms making a market in the Security on the Nasdaq/NMS 
system will also be inclined to issue research reports concerning the 
Company, thereby increasing the number of firms providing institutional 
research and advisory reports.
    Any interested person may, on or before June 27, 1995 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether 
the application has been made in accordance with the rules of the 
exchanges and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 95-14321 Filed 6-9-95; 8:45 am]
BILLING CODE 8010-01-M