DFM achieves 011% compliance in local company disclosures of Q2-2014

Dubai (WAM): Dubai Financial Market (DFM) yesterday announced that its listed local public joint stock companies have recorded a 100% compliance regarding the disclosure of Q2-2014 results within the deadline of 45 days from the end of the period. The total number of U.A.E. public joint stock companies listed on DFM which disclosed their second quarter results reached 42 companies, with the exception of Amlak Finance, as it is already suspended due to procedural reasons. The Exchange submitted a detailed report to the U.A.E. Securities and Commodities Authority (SCA) including the disclosure dates and its remarks on the disclosures according to SCA requirements. DFM has suspended trading of one foreign listed company which missed the deadline to disclose its quarterly statements. – Emirates News Agency, WAM – http://www.wam.ae/en/news/economics/1395268683587.html