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Securities: The number of shares sold Zain for the month of July the company amounted to more than 33 million
8/7/2015
Tomorrow Press / Baghdad: Iraq Stock Exchange revealed, combine, that number of shares sold during the month of July to thank the ring (Zain) amounted to more than 33 million shares, criticizing the sale of shares in the market strategy. The executive director of the market, Taha Ahmed Abdul Salam for "tomorrow Press," that "the number of shares traded on the shares of Telecom ring Company (Zain), reached in the month of July 2015 (45999594) shares in us the number of shares sold was on the shares of the ring company by company National was raised in the same month (33543498) shares of the total amount of shares (457,445,663,400) shares subject to the sale offer. " Taha said that "the ring company did not meet the Article 9 of the Book of the Securities Commission No. 13/16 in 30/04/2015, which states (continue to show sales by vendors through an intermediate in the Iraqi market for not less than (25% ) or the remaining ones until fully implemented in accordance with the mechanisms of the market). "
He stressed that "the continuation of the company's shares to the offer with the absence of sales strategy and outage media campaign to attract investors and this is what indicates a negative impact on trading of shares for the company."
She had revealed the Iraqi Securities Commission in May 3, 2015 that (Zain Iraq) ring mobile phone company will offer its shares for trading on the Iraq Stock Exchange and valued at about 450 billion shares, while predicted it would help the development of Iraq's economy.
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8/7/2015
Tomorrow Press / Baghdad: Iraq Stock Exchange revealed, combine, that number of shares sold during the month of July to thank the ring (Zain) amounted to more than 33 million shares, criticizing the sale of shares in the market strategy. The executive director of the market, Taha Ahmed Abdul Salam for "tomorrow Press," that "the number of shares traded on the shares of Telecom ring Company (Zain), reached in the month of July 2015 (45999594) shares in us the number of shares sold was on the shares of the ring company by company National was raised in the same month (33543498) shares of the total amount of shares (457,445,663,400) shares subject to the sale offer. " Taha said that "the ring company did not meet the Article 9 of the Book of the Securities Commission No. 13/16 in 30/04/2015, which states (continue to show sales by vendors through an intermediate in the Iraqi market for not less than (25% ) or the remaining ones until fully implemented in accordance with the mechanisms of the market). "
He stressed that "the continuation of the company's shares to the offer with the absence of sales strategy and outage media campaign to attract investors and this is what indicates a negative impact on trading of shares for the company."
She had revealed the Iraqi Securities Commission in May 3, 2015 that (Zain Iraq) ring mobile phone company will offer its shares for trading on the Iraq Stock Exchange and valued at about 450 billion shares, while predicted it would help the development of Iraq's economy.
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