96-10037. Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (Semiconductor Packaging Materials Co., Inc., Common Stock, $.10 Par Value)

[Federal Register Volume 61, Number 80 (Wednesday, April 24, 1996)]
[Notices]
[Page 18185]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10037]



=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 1-10938]


Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Semiconductor Packaging Materials Co., Inc., Common 
Stock, $.10 Par Value)

April 18, 1996.
    Semiconductor Packaging Materials Co., 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 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 unanimously 
approved resolutions on January 30, 1996 to withdraw the Company's 
Security from listing on the Amex and instead, to list the Security on 
The Nasdaq Stock Market (``Nasdaq''). The decision of the Board 
followed a thorough 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 
it will increase liquidity, increase the depth of market for its 
security and lessen the volatility of its security.
    Any interested person may, on or before May 9, 1996 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street NW., 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. 96-10037 Filed 4-23-96; 8:45 am]
BILLING CODE 8010-01-M