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EGX warns 8 listed firms of trading suspension

EGX warns 8 listed firms of trading suspension
Companies face trading suspension on 15 June
South Valley Cement
SVCE
-4.44% 2.04 -0.10
Egysacom
ESAC
0.00% 0.09 0.00
Egyptian Resorts
EGTS
-5.00% 4.94 -0.26

Nile City Investment
NCIN
0.00% 344.28 0.00
Al Ezz Dekheila Steel
IRAX
0.40% 1,265.00 5.00
Ezz Steel
ESRS
-6.00% 62.00 -3.96

Ajwa
AJWA
-3.12% 44.97 -1.45
Genial Tours
GETO
-4.95% 2.22 -0.11

Cairo – Mubasher: The Egyptian Exchange (EGX) warned that trading on eight listed companies will be suspended if they fail to submit their financial statements for 2019 after the end of the new 45-day reporting period deadline.

Companies that face trading suspension on 15 June include Egyptian Resorts Co, Nile City Investment, Al Ezz Dekheila Steel – Alexandria, Ezz Steel, Ajwa Group for Food Industries – Egypt, Genial Tours, Egypt South Africa for Communication, and South Valley Cement Co, according to a statement on Monday.

Moreover, trading will continue to be suspended on Advanced Pharmaceutical Packaging and Samcrete Misr if they fail to submit their financial statements for 2019.