Trading suspension on IS lifted

The Philippine Stock Exchange lifted the trading suspension on technology firm Island Information & Technology Inc. (IS), which has now complied with the reportorial requirement and paid corresponding penalties. In a memorandum on Friday, the PSE said IS had complied with the structured reportorial requirements of the Exchange and has paid the corresponding penalties imposed for delayed submission of the annual report for fiscal year ended October 2017. The suspension on the trading of IS shares was lifted on 1:45 PM on Friday, March 2. In this case, IS failed to submit its annual report for fiscal year ended Oct. 31, 2017 before the Feb. 13, 2018 deadline. IS was origina...Keep on reading: Trading suspension on IS lifted

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