Monmouth Capital Corporation to be Listed on the NASDAQ National Market
08 Fevereiro 2005 - 3:54PM
PR Newswire (US)
Monmouth Capital Corporation to be Listed on the NASDAQ National
Market FREEHOLD, N.J., Feb. 8 /PRNewswire-FirstCall/ -- Monmouth
Capital Corporation (NASDAQ:MONM) is pleased to announce that it
has met all of the listing requirements and will be transferring
from The NASDAQ SmallCap Market to the NASDAQ National Market on
Wednesday, February 9, 2005. Eugene W. Landy, President, stated,
"MONM has now grown in size to meet the NASDAQ National Market
requirements. This should benefit our shareholders by creating
additional liquidity as well as more efficient access to the
capital markets." Monmouth Capital Corporation is currently
operating as a hybrid real estate investment trust (REIT),
investing in real estate equities, mortgages, mortgage-backed
securities and other REIT securities. MONM is part of a family of
REITs including United Mobile Homes, Inc. (AMEX:UMH), which invests
in manufactured home communities, and Monmouth Real Estate
Investment Corporation (NASDAQ:MNRTA), which invests in net-leased
industrial properties on long-term leases to investment grade
tenants. It is MONM's intention to pursue any real estate
opportunities other than the specialized areas of United Mobile
Homes, Inc. and Monmouth Real Estate Investment Corporation. For
more information about MONM, please visit
http://www.monmouthcapital.com/. NASDAQ(R) is the largest
electronic screen-based equity securities market in the United
States. With approximately 3,271 companies, it lists more companies
and, on average, trades more shares per day than any other U.S.
market. It is home to companies that are leaders across all areas
of business including technology, retail, communications, financial
services, transportation, media and biotechnology. NASDAQ is the
primary market for trading NASDAQ-listed stocks. For more
information about NASDAQ, visit the NASDAQ Web site at
http://www.nasdaq.com/ or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom. DATASOURCE: Monmouth Capital
Corporation CONTACT: Rosemarie Faccone or Susan Jordan, Monmouth
Capital Corporation, +1-732-577-9997 Web site:
http://www.nasdaq.com/ Web site: http://www.nasdaq.com/newsroom Web
site: http://www.monmouthcapital.com/
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