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May 02 2010

Suspension by NASDAQ Dubai due to failure to file 2009 Annual Report and Financial Statements

Pursuant to the requirement under App2 A 2.1.1 (13) of the OSR, the following Issuers have not filed their 2009 Annual Report and Financial Statements by 30 April 2010 (i.e within 120 days from the end of the financial year), and hence have failed to comply with their ongoing obligations under the Offered Securities Rules of the DFSA .

NASDAQ Dubai hereby notifies the market that pursuant to Listing Rules 35.1.2 and 18.1.4, the Securities of the Issuer will be suspended from the Official List effective immediately. The Securities of the following Issuer will remain suspended until the release of their 2009 Annual Report and Financial statements:

  • IIG Funding Limited

    In addition to the above, the following Issuers, whose Securities are currently suspended from the Official List, have also failed to file their Annual Report and Financial Statements by 30 April 2010. The Securities of these Issuers will continue to remain suspended pending compliance with their ongoing obligations under the rules, including the filing of their 2009 Annual Report and Financial Statements:

  • Nakheel Development 2 Limited

  • Nakheel Development 3 Limited

  • TID Sukuk Company limited

    -Ends-

  • © Press Release 2010

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