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DFM-listed firms fully-comply with disclosure requirements

DFM-listed firms fully-comply with disclosure requirements
Companies that missed the deadline have been reported to the SCA

Dubai - Mubasher: The Dubai Financial Market (DFM) on Thursday announced that UAE-listed companies have fully-complied to the bourse’ disclosure requirements for the fiscal year 2017 according to the regulations of the Securities and Commodities Authority (SCA).

A total of 50 Emirati companies listed on the DFM have disclosed their preliminary results, while 11 listed foreign firms have posted their results, out of a total of 15, the Dubai-based stock market added.

“The DFM employs advanced mechanisms enabling listed companies to swiftly disseminate their results and any other disclosures through the electronic disclosure system (Efsah),” the bourse revealed.

Companies that missed the deadline have been reported to the SCA to take the required actions against them, the DFM concluded.