The Acting chief Executive Officer of Amman Stock exchange (ASE), Mr. Nader Azar, said that according to the listing Directives of securities for the year 2012; all companies listed at the ASE should submit their quarterly reports reviewed by their auditors within one month of the end of the said quarter. Azar added that " (212) companies representing (90%) of the overall listed companies at the ASE submitted their quarterly reports reviewed by their auditors within the time limit of receiving their quarterly reports ended on Thursday 31/10/2013".
Azar declared that the ASE circulates these reports to the brokerage firms, and post them on the ASE website (Arabic Version) www.exchange.jo in circulars and disclosures/quarterly reports window.
On the other hand, Mr. Azar said that a number of listed companies - mentioned below- did not submit their reviewed quarterly reports within the time limit, where Jordan Emirates Insurance Company provided the ASE with its un- reviewed quarterly reports within the time limits violates the provisions of Article (17) Listing Directives at the ASE.
It's worth mentioning that companies that didn't provide the ASE with the required data in the time limit will be subject to the penalties stipulated in Listing Securities Directives.
Companies that didn't provide the ASE with the required data