Shares of 54 Companies Were Excluded from PFTS Listing
OREANDA-NEWS On 08 December was announced, that the First Stock Trading System (PFTS) December 3, 2008, suspended its trades and excluded from its listing the shares of 54 issuers. While the latest requirements to liquidity and volumes were announced back in August, in December PFTS radically enough reacted to non-compliance with such criteria.
The decision becomes effective December 5, 2008.
The companies may again apply for PFTS listing, however, many investment funds have already faced the problem related to these assets revaluation.
Inter alia, the shares of the following companies were excluded from the listing: Kreative Group (PFTS: CREA), Dontsement (PFTS: DONC), Poltava-bank (PFTS: PLTB), Stroyindustria (PFTS: BUIN), and Express-bank (PFTS: EXPB).
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