31st Dec 2019 09:07
(Alliance News) - KCR Residential REIT PLC said Tuesday its shares will be suspended from trading on AIM in London from Thursday, after failing to submit its results for its financial year ended June 30 before the end of December.
The real estate investment trust said the delay was caused by the audit for the results starting later than expected, following the closing of a transaction with Torchlight Fund LP.
KCR said it is in the process of finalising the audit and will publish the audited report as soon as possible.
Shares in KCR Residential - which is based in London - were 9.3% lower at 44.00 pence on Tuesday.
By Dayo Laniyan; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
Kcr Residential