Regulatory Alerts2024-06-30
Iraq Securities Commission Board Decision on Listing Shares of National Company for Food Industries and Al-Warka'a Bank on OTC Platform
The Iraqi Securities Commission Board, during its eighth session on June 5, 2024, approved the listing and deposit of shares for the National Company for Food Industries and Al-Warka'a Bank for Investment and Financing on the Over-The-Counter (OTC) platform. The Board mandated the application of a 'Red Flag' indicator to these shares in the trading system to alert investors to their specific financial status. This decision follows correspondence regarding the admission of companies with suspended status to the OTC market.
Share