[Federal Register Volume 63, Number 130 (Wednesday, July 8, 1998)]
[Notices]
[Page 36975]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18055]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Met-Pro Corporation, Common Stock, $.10 Par Value)
File No. 1-7763
July 1, 1998.
Met-Pro 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'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Security of Met-Pro Corporation (``Company'') has been listed
for trading on the Amex and, pursuant to a Registration Statement on
Form 8-A which became effective on June 18, 1998, the New York Stock
Exchange, Inc. (``NYSE''). Trading in the Company's Security on the
NYSE commenced at the opening of business on June 18, 1998, and
concurrently therewith such Security was suspended from trading on the
Amex.
The Company has complied with Rule 18 of the Amex by filing with
such Exchange a certified copy of the resolutions adopted by the
Company's Board of Directors authorizing the withdrawal of its Security
from listing on the Amex and by setting forth in detail to such
Exchange the reasons for such proposed withdrawal, and the facts in
support thereof. In deciding to withdraw its security from listing on
the Amex, the Company determined that, due to the potential increase in
liquidity and visibility, it is in the best interests of the Company to
list the Security for trading on the NYSE.
By letter dated June 10, 1998, the Exchange informed the Company
that it had no objection to the withdrawal of the Company's Security
from listing on the Amex.
By reason of Section 12 of the Act and the rules and regulations
thereunder, the Company shall continue to be obligated to file reports
under Section 13 of the Act with the Commission and the NYSE.
Any interested person may, on or before July 22, 1998, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, NW., Washington, DC 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. 98-18055 Filed 7-7-98; 8:45 am]
BILLING CODE 8010-01-M
