Delisting Determination,The Nasdaq Stock Market, LLC,
March 26, 2009, Silverstar Holdings Ltd. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Silverstar Holdings Ltd.
(the Company), effective at the opening of the
trading session on April 6, 2009. Based on a review of
the information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for
listing on the Exchange pursuant to Marketplace Rule
4310(c)(2). The Company was notified of
the Staffs determination on March 3, 2009.
The Company did not appeal the Staff determination
to the Hearings Panel, and the Staff determination to
delist the Company became final on March 12, 2009.