GulfBase Live Support
Leave a message and our representative will contact you soon
22/11/2017 10:10 AST
Al Khazna said on Tuesday the matter regarding the share suspension of its publicly listed company on the Abu Dhabi Securities Exchange (ADX) was "a confidential matter" with the bourse.
Shares of Al Khazna were suspended from trading since Wednesday pending the third quarter results, the ADX said.
"As Al Khazna Insurance Co. didn't submit their Financial Statement, hence it is decided to temporarily suspend trading on the company's shares starting 15-Nov-2017 until further notice," the ADX said in a statement last week.
Repeated calls, and email reminders sent to Abu Dhabi Securities Exchange remained unanswered.
The ADX said last week that 64 companies out of the 65 companies listed on it had published their third-quarter results. Normally, companies are supposed to publish their results 45 days from the end of the financial period.
The ADX said that Union National Bank, Sharjah Islamic Bank, National Bank of Umm Al Qaiwain and Eshraq Properties were the first to publish their results.
On Tuesday, Al Khazna shares closed at Dh0.30, down from the record of more than Dh3.4 in 2008.
Gulf News
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
IHC | 400.00 | 0.00 (0.00 |
FAB | 15.90 | -0.26 (-1.61 |
EMIRATESNBD | 24.60 | -0.05 (-0.21 |
ADCB | 14.86 | 0.26 (1.78 |
ADIB | 22.12 | 0.14 (0.63 |
03/10/2025
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region.
Soon to be available exclusively in the
Trade Arabia
03/10/2025
Aluminium Bahrain (Alba) was honoured with the RoSPA President's Award during the Royal Society for the Prevention of Accidents (RoSPA) Safety Summit 2025.
The event was held in partnership
Trade Arabia
03/10/2025
In a move reflecting its commitment to a smarter and more agile investment future, National Investments Company has signed a strategic agreement to develop and implement an integrated Artificial Inte
Kuwait Times
03/10/2025
International Holding Company (IHC), the Abu Dhabi-based global investment firm, has announced a $1 billion (INR88.55 billion) investment in India's Sammaan Capital Limited, one of the country's larg
Gulfnews
03/10/2025
Elegancia Catering, a subsidiary of Estithmar Holding Q.P.S.C., signed an MoU this morning in Damascus with Urbacon Airports to establish a central production unit for catering services at Damascus I
The Peninsula