Amman Stock Exchange’s (ASE) Chief Executive Officer Mr. Nader Azar, said that (98.4%) listed companies with a total number of 193, have provided the ASE with their annual reports for the period ended 31/12/2018 during the specified period in the Directives of Listing Securities, This high percentage reflects the high compliance of the listed companies with the laws and regulations in force, and the high commitment of such companies to the principles of transparency and disclosure.
Azar added that all companies listed at the ASE should submit the ASE with their audited annual reports within three months after the end of the said period, according to the Directives of Listing Securities at the Amman Stock Exchange for the year 2018.
Azar confirmed that the ASE circulates these reports to the brokerage firms, and post them on the ASE website www.exchange.jo in circulars and disclosures/ annual reports window.
Azar added, that only three companies namely; ARAB LIFE & ACCIDENT INSURANCE (ARIN), JORDAN PROJECTS FOR TOURISM DEVELOPMENT Company (JPTD) and JORDAN CHEMICAL INDUSTRIES (JOIC) did not provide the ASE with their audited annual financial statements during the specified period. Accordingly, the ASE suspended (ARIN) , (JPTD) and (JOIC) from trading as of Monday 1/4/2019. The companies will remain suspended until providing the ASE with the required audited financial statements.