Dubai Financial Market (DFM) announced today that its UAE listed companies have showed a 100% compliance to disclose their quarterly results within the deadline of 45 days from the end of the period. All the 44 UAE public joint stock companies listed on DFM successfully disclosed their Q3-2014 results with the exception of Amlak Finance due to procedural reasons.
Meanwhile, DFM suspended trading on four Dual-listed companies, namely: Almadina for Finance and Investment Company, Hits Telecom Holding K.S.C., National Industries Group Holding (S.A.K.), and International Financial Advisors K.S.C.C. Which missed the deadline to disclose the financial statements as per the UAE Securities and commodities Authority (SCA) and DFM requirements. The DFM also submitted a detailed report to (SCA) including the disclosure dates and its observations on the disclosures.