Published On: Tue, Nov 18th, 2014

DFM achieves 100 percent compliance in UAE companies’ disclosure of quarterly results

DFM achieves 100 percent compliance in UAE companies’ disclosure of quarterly results

DFM achieves 100 percent compliance in UAE companies’ disclosure of quarterly results

Dubai Financial Market, DFM, announced today that its UAE listed companies have shown a 100 percent compliance to disclose their quarterly results within the deadline of 45 days from the end of the period.

All the 44 UAE public joint stock companies listed on DFM successfully disclosed their Q3-2014 results with the exception of one company due to procedural reasons, the DFM said, adding that it has suspended trading on four Dual-listed companies for missing the deadline to disclose the financial statements as per the UAE Securities and commodities Authority, SCA, and DFM requirements.

The DFM says that it has also submitted a detailed report to the SCA including the disclosure dates and its observations on the disclosures.

Source : WAM News Agency for United Arab Emirates

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