News Formal

NSE suspends Medview airline, Capital Oil, four other companies

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Nigerian Stock Exchange(NSE) has suspended trading in some companies for their non-compliance with corporate governance rules spelt out by the NSE

The NSE said the move was a sequel to the companies’ inability to comply with corporate governance rules which mandate them to submit financial statements within a specified period.

The suspension was over their failure to “file their audited financial statement for the year ended December 31, 2019,” the NSE said.The NSE said the companies were suspended after the expiration of an extended period offered them and many notifications demanding the submission of the financial statements.

Listing and regulatory rules at the capital market require all quoted companies to submit their annual audited report and financial statement not later than 90 days after the end of the financial year.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

NSE Market Indices Gain 0.07% | Leadership NewspaperNSE Market Indices Gain 0.07% The nation’s bourse on Monday closed the last trading day of August with a growth of 0.07 per cent, following sustained positive sentiment. Specifically,
Källa: LeadershipNGA - 🏆 4. / 77 Läs mer »