Investment Bank AGM

[Seaview]

To stop trading on the Investment Bank on 27-4-2009
Iraq's Forum Exchange 17-4-2009

According to a corporate news in the Iraqi market for securities, it has been decided to stop trading on the shares of investment bank and on 27-4-2009 for the following reasons:

1 - to discuss the final accounts for the financial year ended 31-12-2008.
2 - to discuss the capital increase of the bank in accordance with article 55 / I 55 / II of the Companies Act.
3 - Election of new board.

The bulletin also noted that the date of the meeting of the Assembly will be on 11-5-2009 in the Alwiya, Sarshm note that the investment bank in the Iraqi market for securities currently stands at 1550 dinars.

[ObaDinar]

I am a shareholder of this Bank. Lord, hear my prayers. Let me reap what l deserve in this Bank with all those who invest in it. Amen.

Oba.

[opportunist]

This is my largest holding. Investment Bank is the clearing house for the isx. Which means they will take a fee of every trade done on the exchange.
I am hoping they get into the commodities.


I would also consider any of the other large brokerage banks besides Warka as good plays. It is interesting that Warka is not the leader in transaction volume on the isx but certainly one of the biggest.

This will be an excellent investment.

Good luck.

[emil schuffhausen]

This is my largest holding. Investment Bank is the clearing house for the isx. Which means they will take a fee of every trade done on the exchange.

This will be an excellent investment.



Hi Opportunist, that is exactly my thoughts and portfolio positioning. Good work! :biggrin:

[Kadeda]

Wouldn't mind getting a few of those. Shame about the 200,000 min purchase though. But sounds good. Is this Middle East Investment Bank or Investment Bank of Iraq? I'm confused as they all have 'investment' in the title.

[RoyalBeluga]

I believe it's Investment Bank of Iraq 'BIBI'

[marchse]

Hi..
seems some of the stock exchange for banks were at good run...
lets hope for the best!!

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