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MSM in transparency drive
- Oman: Monday, August 06 - 2007 at 09:52
The regulator of the Muscat Security Market has said it will fine listed companies up to $3,897 for the late reporting of results, as part of a drive to boost compliance and transparency, reported Reuters. Mahmoud Al Rawahi of the Capital Market Authority said new rules would come into force from October which will require results to be listed in two newspapers as well as the prompt publication of IPO prospectuses.
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Jonathan Sheikh-Miller, Deputy EditorMonday, August 06 - 2007 at 09:52 UAE local time (GMT+4)
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