South Africa's Standard Bank is yet to hit its desired 75 per cent stake in Kenyan listed firm
Stanbic, a shareholders' meeting was told.
To qualify for inclusion in the PSEi, a listed firm
should be among the top companies in terms of liquidity and market capitalization.
The NAB has also been directed to investigate that why the contract of BRT was awarded to a black listed firm
PetroEnergy Resources Corporation (PERC) will be re-allocating previously scheduled project funding to loan payments, according to its disclosure to the Philippine Stock Exchange.
A CSX press release on Thursday showed that Phnom Penh Autonomous Port was the only listed firm
to show an increase in profit margins over the past three years.
At the peak of listings, the average age of a listed firm
was 12 years.
Under the Securities and Exchange Board of India (Sebi) norms, every listed firm
needs to maintain a public shareholding of at least 25 per cent.
It significantly raised disclosure requirements and personal liability for corporate officers and directors, which in turn made the decision to become a listed firm
far more costly.
MSM-listed firm CEO accused of bribing official Muscat: The board of directors of a listed firm
on the Muscat Securities Market (MSM) yesterday said that the company's chief executive officer has been accused of bribing a government official.
In the third quarter, the most profitable listed firm
was Chang Hong Construction boasting EPS of NT$10.55, followed by TPK and Asus with EPS of NT$8.92.
However, the FTSE 100 listed firm
posted a 9% rise in revenues to pounds 1.1bn during 2011 and a 26% rise in operating profits to pounds 355.2m.
Redditch-based FW Thorpe (TFW) told the market that it had acquired 100 per cent of the issued share capital of Walsall firm Portland.