18/03/2015
Financial market determine the disclosure requirements for non-performing companies
CMA emphasized the importance of follow-up investors and traders in the financial market, the disclosures included in the financial market companies, so as to ensure that their investment decisions according to accurate data reflect the operational and financial situation of the company. Authority in this aspect and pointed to the additional disclosure requirements which committed the loss-making companies (which amounts to accumulated losses of more than 50% of its capital up to the losses exceeded 100% of the capital), the requirements aimed at enabling investors and traders to follow the status of the company and the mechanism of processing conditions are periodically and inform them of the dangers that may sit, thus making investment decisions are compliant with all the information. Under the procedures related to the loss-making companies, which began to be applied since July 2014, to announce the companies that accumulated losses exceed 50% of its capital at the end of each month.
