Doha: The management of the Qatar Stock Exchange (QSE) addressed the Al Mannai Corporation with regard to the increase in trading volume for the company’s shares on January 20-23.
In a statement, QSE indicated that Al Mannai Corporation confirmed its inability to confirm the real reason that led to the high trading volume on its shares during that period.
The Corporation affirmed full commitment to the laws and legislations related to the principles of transparency and disclosure, adding that it has always been committed to these principles as fundamental values of governance.
QSE statement indicated that Al Mannai Corporation reported the existence of a sale transaction for one of the assets of Al Mannai Corporation, which may be the reason behind the rise in Al Mannai’s shares during the aforementioned period.