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The Chairman of the Securities Commission, Dr. Abdul Razzaq al-Saadi to seek authority to provide assistance to companies working to restore its prestige, which contribute to improving the image of the Iraqi market.
said Saadi told the (morning) that the Commission's work is aimed at disclosure and transparency and the treatment of total equally, explaining that the Commission attaches trading some companies by law must be disclosed during the 150 days, as it must provide companies traded final accounts of the body, and if expiry of the period did not disclose the company for its calculations, the Commission gives two months of additional disclosure. known head of the process of disclosure it translates Kvrhh of information and data on company specific and put it in the stock market, indicating that in the absence of information means is the lack of goods for display in this market.
Saadi noted the need for treatment evenly by suspending trading of shares of companies that did not disclose their accounts, but he confirmed in the case of a required data can the concerned company trading again, saying that the Commission has suspended trading for 24 companies, before they disclose their accounts, but most presented data required for the body and the remaining around 7 companies of the total 73 companies registered.
however cautioned that In case the company is not eligible for inclusion in the stock market, it is considered negative situation, so not bad image reflected on the Iraqi market. [You must be registered and logged in to see this link.]
