The SECP has further directed listed companies
to transmit annual and quarterly financial statements in both 'PDF' and 'MS Excel' formats via email.
The SEC warned that non-compliance with the minimum public ownership requirement may result to publicly listed companies
being subjected to the administrative sanctions provided under Section 54 of the Securities Regulation Code.
The PSE changed this year's Bell Awards format to honor publicly listed companies
and trading participants which excelled in specific areas of corporate governance.
Saif Sayah Al Mansouri, head of Listed Companies
at ADX commented, "The collaboration between ADX and its listed companies
has always proved to be a productive one.
Failure or refusal of third parties to provide the required information to listed companies
will result in listed companies
' failure to comply with the regulations and render listed companies
criminally, civilly, and administratively liable under the Tax Code and the Securities Regulation Code.
The Dubai Financial Market (DFM) noted on Sunday that all its listed companies
, with the exception of Amlak Finance and Tamweel, which have been suspended indefinitely, have complied with the market's disclosure rules for the third quarter of 2009.
Oman had the lowest number of companies making it to the list with only five listed companies
In a written request sent to the listed companies
, the TSE asked them not to conduct stock splits resulting in one share breaking up into more than five shares at one time, TSE officials said.
Thus while surveys of aggregate corporate profits indicate that Japan's listed companies
will record their second consecutive fiscal year of new historical highs in corporate profits (of 21% YoY for ordinary profit), the stock market had already discounted this peak in April of this year, which would makes sense because stock prices lead economic trends by about six months.
Mazars European IFRS survey results showed 73 percent of listed companies
believed that applying IFRS would result in a greater degree of transparency, and nearly 79 percent of them think that IFRS will contribute towards making financial statements more reliable.
They hold large investments in other listed companies
; many of them also are companies in the business of insuring the directors and officers of listed companies
, not to mention the statutory auditors of listed companies
Not only did the exchange stand tall in the days after September 11, it took the lead in setting exacting standards in corporate governance--at least for its listed companies