Elektra Trading Suspension Reinstated Amid Fraud Concerns

Reported about 8 hours ago

Trading in Mexican retailer Elektra has been reinstated on suspension as the company warned that any trading could irreparably damage its business. The move comes after Elektra raised concerns about potential fraud linked to the depositaries of its shares. Despite plans to lift the suspension, Elektra stressed that such actions would lead to market instability, emphasizing their existing court order against trading activities.

Source: YAHOO

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