24 Hrs
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بوابة الشروق
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Al-Shorouk: No leniency on listing violations
The Egyptian Exchange management reaffirms its firm commitment to delisting companies that violate listing rules. Currently, they are moving toward delisting any company that breaches regulations after a regular review of their compliance. In May, the Egyptian Kuwaiti Investment and Trade Company was forcibly delisted due to failure to rectify violations, with a mandated purchase of its shares at fair value. This approach aims to maintain market integrity, enhance transparency, and attract more investors.
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