×

BRIEF-China Hydroelectric regains NYSE-listing compliance

Oct 9 (Reuters) - China Hydroelectric Corp :

* Regains compliance with NYSE continued listing standard for minimum share

price; appoints Yun Pun Wong and Moonkyung Kim to audit committee

* Source text:

China Hydroelectric Corporation (NYSE: CHC, CHCWS) (the "Company"), an owner, developer and operator of small hydroelectric power projects in the People's Republic of China, today announced that it had received notice from the New York Stock Exchange ("NYSE") on October 8, 2012 that the Company had regained compliance with the NYSE's continued listing standard that requires that the average closing price of the Company's American Deposit Shares ("ADS") not fall below $1.00 per ADS for any consecutive 30-trading-day period.

In addition, the Company also announced that its board of directors has appointed directors Yun Pun Wong and Moonkyung Kim to the Company's audit committee, to join current audit committee member, Dr. Yong Cao. Yun Pun Wong will also serve as the financial expert and chairman of the audit committee.

* Further company coverage

((Bangalore Newsroom; +1 646 223 8780))