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Esca fines five companies
- United Arab Emirates: Saturday, May 31 - 2008 at 10:00
Five companies have been fined and warned by the Emirates Securities and Commodities Authority for failing to comply with the regulator's disclosure requirements, reported Gulf News. Tabreed failed to disclose the quarterly financial statements within the 45-day grace period. The other four companies, Khazna Insurance, Foodco Holding, Qatar Telecommunications, and Sudan Telecommunications, failed to disclose all the required information within the stipulated timeframe.
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Jeff Florian, Senior ReporterSaturday, May 31 - 2008 at 10:00 UAE local time (GMT+4)
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