Article 40
The Joint Stock Companies shares will be admitted for trading subject to the following conditions:
1— The company should comply with all the provisions stipulated in Decree Law No. 28 of 1975, in respect of the Commercial Companies Law, as amended.
2— The company should have a transfer and registration office in Bahrain.
3— The company shall comply with the provisions of the agreement pertaining to the admission of joint stock companies shares for trading.
4— The financial position of the company should be sound in terms of its assets, liquidity, financial structure and efficiency of performance.
5— The company should issue annual financial reports and audited financial statements within the three months following the end of the company's financial year(1).
6— The company should publish its balance sheets and the results of its operations in the daily newspapers, before its shares are admitted for trading on the Exchange.
7— Any other conditions that the Board may prescribe from time to time.
(1) Amended by Ministerial Resolution No. 4/1999.