The Securities and Commodities Authority (SCA) indicated that the SCA Board Chairman’s Decision No. 13 of 2020 Concerning Procedures for Dealing with Listed Troubled (Suspended) Companies will enter into force Sunday, July 5, instead of Wednesday.

SCA said that this reflects its keenness to ensure unified trading over this week and will allow for additional time to follow-up on the implementation (over Wednesday and Thursday) to make sure that the electronic systems installed at the markets are fully tested and are functioning properly in order to avoid any potential technical issues or problems that may arise while trading.