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Latest Suntech Power Stories

2014-02-18 04:20:23

WUXI, China, Feb. 18, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today welcomed the January 20(th )announcement that Suntech's Chief Technology Officer (CTO), Professor Stuart Wenham, was awarded the prestigious Institution of Engineering and Technology's (IET) A F Harvey Engineering Research Prize of 300,000 pounds for Professor Wenham and his team's discovery of a new technique which can improve the efficiency of lower-grade...

2014-02-14 00:20:55

GEORGE TOWN, Cayman Islands, Feb. 14, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that the NYSE's Committee for Review has upheld a decision previously made by NYSE Regulation, Inc. to commence delisting proceedings of the Company's American Depositary Shares. The Company expects a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) will be...

2014-02-10 08:28:22

WUXI, China, Feb. 10, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that on 15 January 2014, the Company's immediate subsidiary, Power Solar System Co., Ltd (in Liquidation) ("PSS"), issued a writ of summons in the Republic of Singapore against Suntech Power Investment Pte., Ltd. ("Suntech Singapore") for an outstanding balance of US$263,910,599 due from Suntech Singapore. Suntech Singapore failed to enter an appearance...

2014-02-05 20:22:20

Brings Total Board Members to Five; Adds Deep Restructuring Experience GEORGE TOWN, Cayman Islands, Feb. 5, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that it has added a fifth member to its Board of Directors, Mr. Michael Pearson. Mr. Pearson will join Messrs. Michael Nacson, Kurt Metzger, Dr. Zhengrong Shi and Deyong He on Suntech's Board. Mr. Pearson is the co-founder of Fund Fiduciary Partners Limited, a...

2014-02-01 00:20:25

Stipulation for the Dismissal of the Chapter 7 to be Executed GEORGE TOWN, Cayman Islands, Jan. 31, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that it has signed a Restructuring Support Agreement (the "RSA") relating to the petition for involuntary bankruptcy filed against it under chapter 7 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. Under the RSA signed by the...

2014-01-27 08:21:08

WUXI, China, Jan. 27, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that Mr. Deyong He has been appointed as the fourth member of Suntech's Board of Directors, as well as acting CFO. Mr. He joins Messrs. Michael Nacson, Kurt Metzger and Dr. Zhengrong Shi on Suntech's Board. The Board also appointed Mr. Metzger as the second member of the Audit, Compensation and Nominating Committees joining Mr. Nacson on each of these...

2014-01-16 08:21:48

WUXI, China, Jan. 16, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that on January 14, 2014 it received notification from the New York Stock Exchange (the "NYSE") that the Company did not meet the NYSE's price criteria for continued listing standard because the average closing price of the Company's American Depositary Shares, or ADSs, (based on OTC: STPFQ), was less than $1.00 per ADS over a consecutive 30-trading-day...

2014-01-09 08:22:25

WUXI, China, Jan. 9, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech") today announced that on January 7, 2014, Mr. Weiping Zhou resigned as a director of the Company, interim Chief Executive Officer, interim Chief Financial Officer, and President with immediate effect. Mr. Zhou cited personal reasons for his departure. Suntech plans to announce new management pending final review by Suntech's board of directors and Joint Provisional...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'