Durrant Pate/Contributor

The Jamaica Stock Exchange (JSE) has suspended the trading of shares of two listed companies after failing to file their audited financial statements for 2023. 

They are Equityline Mortgage Investment Corporation’s preferred shares, listed on the JSE main market, and junior market firm EduFocal Limited, which trades as $LEARN.

Effective Tuesday (June 4), trading in the shares of both companies has been suspended. 

Regarding Equityline Mortgage Investments, which is based in Richmond Hill, Ontario, and offers a full range of mortgage services, the suspension is in keeping with JSE’s Main Market Rule 408 (iii) – audited annual financial statement.

The JSE has taken the decision to immediately suspend trading in the shares, pending the submission of its 2023 audited financial statements.

As for EduFocal Limited (LEARN), a Jamaica-based digital learning company, the suspension is in keeping with JSE’s Junior Market Rule Appendix 2, part 4 (2). 

The JSE took the decision to immediately suspend trading in the shares of EduFocal, pending the submission of its 2023 audited financial statements.