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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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1-16 Of Module Twelve: Listing Rules
Section: Chapter One: General Provisions and Scope of Application
  • Sunday, 12 February 2017

    Every Listed Company on the Exchange shall disclose to the Exchange its periodical reviewed financial statements and annual audited financial statements within forty five days from the end date of the period for which the statement is prepared with regard to the periodical financial statements, and within ninety days from the end date of the financial year with regard to the annual financial statements. The companies referred to herein -other than banks- shall submit their financial statements within the same dates to the Authority, and the share of the company shall be suspended in case of violating this Article. Additionally, a share of a Listed Company on the Exchange shall be suspended if the company did not hold its annual ordinary general assembly following the end of the financial year within two months from the date of its disclosure of its annual financial statements. Non-Kuwaiti listed companies on the Exchange are exempt from the provision of this Article and are subject to applicable regulations of the Exchange in which these companies are listed in its place of incorporation.

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