MNB orders suspension of trade in BTel shares
The National Bank of Hungary today ordered the suspension of trade of shares and corporate bonds of Business Telecom (BTel) for an indefinite period, the central bank and market regulator said in a statement.
Trading was suspended because BTel failed to publish its audited consolidated financial report for 2013.
The suspension will remain in place until BTel publishes its financial report, MNB said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.