Individual decision · ISC · 30 Jun 2024
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.
Republic of Iraq
Council of Ministers
Iraqi Securities Commission
Iraqi Securities Commission
Board of Commissioners
No.: 13/1
Date: 7/6/2024
To: Board of Governors of the Iraq Stock Exchange Re: Request for listing and depositing shares of the National Company for Food Industries and Al-Warka'a Bank for Investment and Financing in the Iraq Stock Exchange - (OTC) Platform
Greetings...
With reference to your letter No. M.M. 133 dated 7/4/2024 and in follow-up to our letter No. 8/13 dated 8/2/2024.
The Commission Board discussed, during its eighth session held on 5/6/2024, the matter of listing and depositing shares of joint-stock companies with suspended status on the Unlisted Companies platform of the Iraq Stock Exchange (OTC).
The Board decided that a 'Red Flag' indicator be placed on the company's shares in the trading system to alert investors to their financial status.
The Board also decided to approve the listing and depositing of shares of the following companies on the Unlisted Companies (OTC) platform, in accordance with the above:
With appreciation,
Nagham Hussein Ismail
Deputy Chairman of the Securities Commission
Copies sent to:
Baghdad - Al-Yarmouk District 612
St. 18 - House 12 - P.O. Box Baghdad: 3108
T 00964 7734 977 377
W www.isc.gov.iq
E iraqisc@isc.gov.iq
E iraqisc@yahoo.com
Baghdad - Al-Yarmouk, Neighborhood 612 - Alley 18 House 12 - P.O. Box Baghdad: 3108
*
Iraqi Securities Commission
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