ArgInMIA
Posts: 475
Joined: Fri Nov 09, 2001 4:07 pm

Varig Stock Out Of Brasil's Stock Exchange

Tue Mar 11, 2003 4:06 am

Since VARIG hasn't complied with the rule that ask them to give financial information to their investors every 3 months.. The stock has been frozen on the Sao Paulo stock exchange.. They have till Friday to do so..

"La Bolsa decidi?? suspender en el preg??n de hoy los negocios con las acciones preferenciales y ordinarias de Varig", para "alertar al mercado sobre las infracciones de la empresa al reglamento" del nivel 1 de "gobernancia corporativa" al que estaba suscrito la aerol??nea, que la obliga a entregar informaciones trimestrales a inversores y analistas.

La Bolsa brasile??a cre?? los niveles de gobernancia corporativa para distinguir a empresas que realizan una gesti??n con gran transparencia. "Varig tiene hasta el pr??ximo viernes para regularizar su situaci??n cumpliendo las reglas" de ese nivel de gobernancia al que ingres?? en julio de 2001; si no cumple, Varig podr?? ser expulsada de ese nivel de gobernancia corporativa destacado, "retornando al preg??n tradicional" de la bolsa.
Alto.. Mucho mas alto.. hasta la cumbre

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