[Federal Register Volume 69, Number 238 (Monday, December 13, 2004)]
[Notices]
[Page 72227]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E4-3605]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-14763]


Issuer Delisting; Notice of Application of Schuff International, 
Inc. To Withdraw Its Common Stock, $.001 par Value, From Listing and 
Registration on the American Stock Exchange LLC

December 7, 2004.
    On November 18, 2004, Schuff International, Inc., a Delaware 
corporation (``Issuer'') filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.001 par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The independent members of the Board of Directors (``Board'') of 
the Issuer unanimously approved a resolution on November 11, 2004 to 
withdraw the Issuer's Security from listing on the Amex. The Board 
states that it made its determination to withdraw the Security based on 
the following reasons: (i) To substantially reduce or eliminate the 
significant legal, audit, and printing costs associated with filing 
periodic reports with the Commission, including, in particular, the 
anticipated increase in costs due to compliance with the Sarbanes-Oxley 
Act of 2002; (ii) based on information received from the Issuer's 
transfer agent, there are approximately 126 shareholders of record, 
which is substantially below the 300 Shareholders of record threshold; 
and (iii) anticipated reduction in administrative costs and other 
savings associated with deregistration are in the best interest of the 
Issuer. The Issuer states that it intends to quote its Security on the 
Pink Sheets.
    The Issuer stated in its application that it has complied with all 
the applicable laws in effect in Delaware, in which it is incorporated, 
and with the Amex's rules governing an issuer's voluntary withdrawal of 
a security from listing and registration.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on the Amex and from registration under Section 
12(b) of the Act,\3\ and shall not affect its obligation to be 
registered under Section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 781(g).
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    Any interested person may, on or before December 28, 2004, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of the Amex, and what terms, if any, should 
be imposed by the Commission for the protection of investors. All 
comment letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to [email protected]. Please include 
the File Number 1-14763 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.
    All submissions should refer to File Number 1-14763. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room, 450 Fifth Street, NW., Washington, 
DC 20549. All comments received will be posted without change; we do 
not edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.
    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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
 [FR Doc. E4-3605 Filed 12-10-04; 8:45 am]
BILLING CODE 8010-01-P