Thursday 31 March 2011

Kuwait to Halt Trading in 64 Stocks If They Don’t Submit Results - Bloomberg

The Kuwaiti bourse plans to suspend trading in 64 companies as of April 3 if they fail to submit full-year results by then.

Investment Dar Co., Aref Investment Group, National Industries Group Holding (NIND) are among the companies risking suspension, according to a statement posted today on the bourse’s website.

Investment Dar, owner of half of Aston Martin Lagonda Ltd., has been barred from trading since April 1 for failing to release its 2008 results before the deadline.

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