[Federal Register Volume 63, Number 91 (Tuesday, May 12, 1998)]
[Notices]
[Page 26223]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12556]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Intercorp Excelle Inc., Common Stock, No Par Value; 
Redeemable Common Stock Purchase Warrants), File No. 1-13365

May 6, 1998.
    Intercorp Excelle Inc. (``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 
securities (``Securities'') from listing and registration on the Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Company's Securities are currently registered under Section 
12(b) of the Act and are listed for trading on the BSE and for 
quotation on the Nasdaq SmallCap Market (``Nasdaq'').
    The Company recently learned that it may not qualify for continued 
listing on the BSE in that it may not have more than 600 shareholders. 
Furthermore, the Company believes that the time and expense incurred in 
continued listing of the Securities on the BSE does not justify the 
benefits from such continued listing. The Company believes that it is 
in the best interests of the Company's shareholders to withdraw the 
Securities from listing on the BSE.
    The Company will continue to maintain its listing of the Securities 
on the Nasdaq.
    The Exchange has informed the Company that it has no objection to 
the withdrawal of the Company's Securities from listing and 
registration on the BSE.
    Any interested person may, on or before May 28, 1998, 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 
Exchange 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. 98-12556 Filed 5-11-98; 8:45 am]
BILLING CODE 8010-01-M