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Bourse suspends trade in AJWA and Ezz on financial disclosure delay

Trading is halted until two companies provide market with full financial statements

Ahram Online, Monday 25 Jul 2011
ezz
Ezz Dekhila, one of Egypt's largest steel producers
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The Egyptian Bourse has halted trade in the shares of AJWA Group for Food Industries and Ezz Deklia for Steel for failing to comply with its demand for full financial statements.

 

On 6 July, the Bourse gave the two companies 15 days to provide consolidated and non-consolidated financial statements.

 

With the deadline having passed, trade in the two companies has been suspended indefinitely.

 

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