Motorcar Parts to list on Nasdaq

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By
Muhammed El-Hasan
on November 27, 2007 5:15 PM | | Comments (0) |

Motorcar Parts of America Inc., the Torrance-based seller of remanufactured vehicle alternators and starters, has been approved to list its stock on the Nasdaq Global Market.
Motorcar's stock has been trading on the over-the-counter market.
The company's common stock is expected to begin trading on Nasdaq at the market open on
December 3. MPAA willbe the trading symbol.
"This is an important achievement for us, and will increase our visibility in the market, improve
the liquidity of our stock and allow us to expand our shareholder base." said Selwyn Joffe, chairman, president and CEO, in a statement.

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This page contains a single entry by Muhammed El-Hasan published on November 27, 2007 5:15 PM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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