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Delisting the stocks of the Arab Real Estate Establishment ARE and Globalcom Telecommunications GCOM from the PEX

2020-09-17

Based on the securities listing regulations in Palestine Stock Exchange PEX, which sums up that any listed companies’ stocks must be delisted from the PEX if the company’s shares and bonds are not traded for a whole full year, or if the securities’ listing was suspended for more than a year without any release by the company about its situation based on the securities trading system by the PEX, and after the approval of Palestine Capital Market Authority PCMA, it was decided to delist the stocks of the Arab Real Estate Establishment ARE and Globalcom Telecommunications GCOM from the PEX from Sunday 20/09/2020. Whereby the number of listed companies in the PEX will decline from 48 companies to 46 companies.