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Trades in FuturAqua shares suspended

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pixabay

The National Bank of Hungary ordered the suspension of trade in shares of FuturAqua on charges of violation of mandatory disclosure rules, the central bank announced today according to reports. 

According to a probe by Hungary’s National Economy Ministry of FuturAqua’s former auditor, the report by the auditor on the company’s consolidated profit and loss statement and balance sheet failed to meet regulatory requirements, Hungarian news agency MTI reported, citing the announcement by the central bank. 

The central bank will revoke the suspension when the company fulfills its mandatory disclosure commitments, the central bank said.

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