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QSE to roll out unified E-system for disclosures – CEO

QSE to roll out unified E-system for disclosures – CEO
Al-Mansoori’s statement came on the sidelines of a consultative meeting organised by the bourse

Mubasher: The Qatar Stock Exchange (QSE) is planning to introduce a new electronic system to help listed companies produce unified disclosure format, Rashid bin Ali Al-Mansoori, the Qatari bourse’s CEO, announced on Tuesday.

Al-Mansoori’s statement came on the sidelines of a consultative meeting organised by the bourse in the presence of representatives from the Qatar Financial Markets Authority (QFMA) and the Qatar Central Securities Depository (QCSD), in addition to representatives from some listed companies.

“Our consultative meetings with local and international brokers, funds and investment firms have assured the significance of access to executive management and the availability of information on the company’s plans, liquidity, and dividends, are important factors on which investment decisions are based,” he said.

Al-Mansoori added the Qatari listed companies are adopting national standards in terms of disclosures and transparency, which had a great impact on the companies'  success in gaining investor confidence and ensure healthy, transparent and fair trading environment.