Saudi Arabia’s Capital Market Authority (CMA)
, the market regulator,
decided to extend
a
trading halt placed on Saudi Cable Company shares after
the cable producer
failed to publish its financial statements for
fiscal year
2014 and first quarter 2015, the regulator said in a statement.
The company said earlier last week that it expects to publish 2014 financial statement by April 13, without referring to first quarter results as the official deadline neared to a close.
Saudi Cable's
shares
were suspended on
Feb. 25
for the same reasons.
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