Thursday 13 August 2009

Kuwait bourse warns 13 companies

kuwait towersImage by hamad M via Flickr

Kuwait's bourse Wednesday warned it would suspend the trading of 13 companies if they fail to publish their second-quarter results on time. "Trading in the shares of these companies will be halted, if the financial data ... are not submitted by 8.30am on Sunday," the bourse said in a statement on its website. Aref Investment Group, Burgan Company for Well Drilling, Trading & Maintenance and Aman Investment in which Securities House owns a 43.5 per cent stake, are among the firms facing a possible trading suspension.END

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