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PSE resumes trading on Arab Concrete Products (ACPC)

2008-08-26

Mr.Ahmad Awaida the CEO of Palestine securities exchange announced resuming the trading on the share ACPC starting from today"s trading session, after the company"s response to the PSE requirements and disclosing the financial results for the first half of the year 2008. PSE received the revised financial statements for the company as of 30/06/2008. The applicable disclosures regulation grants the listed companies a period of 45 days to announce their financial results, but the company ACPC had delayed which force the PSE to suspend its share from trading in the stock market since 24/08/21008. The financial results of Arab Concrete Products Company refer to a net loss of JD 67,658, as for total assets it amounted JD 2,554,624 where total liabilities reached JD 2,416,392 and total shareholders"  equity amounted JD138,232