Tuesday, 14 October 2008 |
updated 1 minute ago
01:11 UAE time

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Bahrain bourse threatens to suspend firms' shares

by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 29 June 2008

TEMPORARY SUSPENSION: Six companies have been threatened with having their shares temporarily suspended by Bahrain's bourse for not agreeing their second quarter results. (Getty Images)

Bahrain's stock exchange has warned six companies that it will suspend their shares unless they schedule by Monday's session board meetings to agree on their second quarter results.

It named the companies as the Gulf Monetary Group, Investcorp Bank, United Gulf Investment Corp, Bahrain Duty Free Complex, Bahrain Maritime and Mercantile International Co (BMMI) and Banader Hotels Co.

"In case of not receiving the information by Monday June 30, 2008 prior to 9:00 am, the exchange will temporarily suspend trading in these companies shares until further notice," it said in a statement. (Reuters)

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