EGX Listing Committee approved during its meeting yesterday the executive regulations of the Listing Rules that was also approved by the EFSA this morning.
In this context, Dr. Mohammed Omran, EGX Chairman, thanked EFSA for approving the regulations after few hours from finalizing EGX yesterday. This reflects the extent of cooperation between the two institutions for the benefit of the market. Dr. Omran also showed appreciation for the efforts of the board members and the committee of Rules development who spent the past period preparing the draft of the listing Rules and Regulations and finalizing it in this perfect condition.
It is worth mentioning that the regulations are divided into three sections; first is about the listing rules and regulations while the second and third are about the disclosure and delisting consecutively.
FTSE Mondo Visione Exchanges Index:
Egyptian Exchange: Approving The Executive Regulation For The Listing Rules
Date 12/02/2014