This becomes even more important in case of listed companies
because they have the public's stake.
Since, it is a newly introduced requirement for listed companies
, therefore, the SECP intends to raise awareness among them for future compliance.
This provision has been added to the Act to ensure effective compliance by listed companies
at a reduced cost,' the SECP spokesman said.
Felizmenio hopes to come up with a decision for existing listed companies
by the first quarter of next year.
By recognizing excellence in corporate governance, we hope to encourage more listed companies
and trading participants to continue to enhance and strengthen their CG standards and practices and to set higher sustainability goals in their operations,' said PSE president and chief executive Ramon S.
The combined net profit of all listed companies
as of 31 March 2015 showed an increase of 3.
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.
They pointed out that the requirement for listed companies
to disclose the payees of dividends is unreasonable because under the current capital market structure, compliance of listed companies
with the subject regulations is dependent on the voluntary and accurate disclosure of third parties.
Summary: The Dubai Financial Market (DFM) noted on Sunday that all its listed companies
, with the exception of Amlak Finance and Tamweel.
MANAMA: The combined value of the Top 150 Listed Companies
in the Gulf Cooperation Council (GCC) went up by $213 billion in the past year to $916 billion and is inching toward the $1 trillion mark, according to a survey conducted by a Dubai-based Shuaa Capital.
The Tokyo Stock Exchange urged its listed companies
Monday to refrain from carrying out large-scale stock splits, saying they could make stock prices too volatile, attracting excessive speculative trading.
The whole idea of capital markets and public stock exchanges is to provide the means for the efficient reallocation of individual savings (of which Japan has an abundance) into publicly listed companies
through the capital markets and the securities exchanges.