Dutch Firm in the US 175
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Hi,
We are a Dutch firm with a subsidiary in the US. Are we obliged to comply with SOX?
Thanx,
Bob
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Is either company (parent or subsidiary) listed on a US Stock Exchange with a market cap of >USD75 million?
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Tnx for your reply,
No we are owned by a Malaysian group of companies which is listed in Kuala Lumpur .
We are a member of that group with a factory an office in the US. So we are not listed at the US stock exchange.
That means we don’t have to comply?
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That’s correct. You don’t have to comply.
Congratulations