ARAM Group has clarified that there are no fundamental changes in the company that would explain the recent increase in its share price.
The company issued the clarification following the rise in its shares on the Abu Dhabi Securities Exchange.
ARAM Group said it remains committed to the timely disclosure of any fundamental information related to its business in accordance with applicable corporate governance and disclosure requirements.
The company confirmed that there are currently no fundamental changes affecting its business and said the increase in its share price resulted from demand and supply through the Abu Dhabi Securities Exchange.
Source: ARAM Group
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