JSE Urges Companies to File Financial Reports on Time

The Jamaica Stock Exchange, JSE, is warning listed companies that are tardy with the filing of their financial reports that their shares will be suspended, following the rare action it took against two late filers in early June.

The two companies have since produced their year-end reports, and they along with a third company, which was cited for rule breaches, had their suspensions lifted last Friday.

Managing Director of the JSE, Marlene Street Forrest says the late filing of audited financial statements continues to be a significant issue for the exchange.