Nine Companies Denied Trading on ASE for Financial Disclosure Reasons

Amman: The Amman Stock Exchange (ASE) on Monday suspended trading for six companies that failed to submit audited annual financial statements for the fiscal year ending December 31, 2024.

According to Jordan News Agency, the ASE also confirmed the continued suspension of trading for three additional companies through the unlisted securities market.

These companies have previously failed to submit past financial disclosures within the set timeframe, did not pay their dues to the ASE, and bankruptcy filings. They have also not provided the required audited statements for the most recent fiscal period.

The ASE stressed that compliance with financial disclosure requirements is essential to ensure transparency and maintain investor confidence in the market.