JSE wants to kick out this controversial Namibian company. Here's why it says it won't go | Fin24

  • 📰 Fin24
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Namibian financial services and mining company Trustco is fighting to keep its shares trading on the JSE after a probe found that its 2019 financial statements failed to comply with global accounting standards.

Controversial Namibian financial services, property and mining company Trustco is battling to keep its shares trading on the JSE after a probe found that its 2019 financial statements failed to comply with global accounting standards.

Trustco, which is headquartered in Windhoek, has refused to restate its financial results as directed by the JSE, which would have the effect of decreasing its profit for the 2019 financial year. It has argued that the JSE's Financial Reporting Investigation Panel was wrong to find it breached accounting standards and that the stock exchange cannot compel it to correct its financial results. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 21. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

MARKET WRAP: US inflation puts JSE in a spinRand recovers a little ground against the dollar while the euro falls below dollar parity for the first time in almost 20 years
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

MARKET WRAP: JSE pares losses ahead of US inflation dataRand stages a mild rebound, but the focus remains firmly on rising prices and the likelihood of further interest rate hikes I have always hated Bitcoin and thought it was a scam until a friend referred me to Mike_Rosehart , I made my first withdrawal of R100,000 in 2 weeks thanks to Mike_Rosehart.
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »