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You're reading: Warsaw-listed companies join forces to improve Ukraine’s image
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Some of
Ukraine’s top Warsaw-listed companies have joined together to set up the
Ukrainian Issuer’s Club. Created as a result of a cooperation agreement signed
in February this year by the Polish-Ukrainian Chamber of Commerce and the
Warsaw Stock Exchange, the organization will seek to improve the quality of
investor relations and burnish the country’s image among Polish investors.

The club,
which held its inaugural meeting on August 21 in Kyiv, comprises popularly
traded Ukrainian companies Astarta, IMC, KDM Shipping, KSG Agro and Milkiland.
All are listed on the WSE’s main trading floor, as well as Agroliga from the
alternative market NewConnect.

The image
of Ukrainian companies has been bruised in recent months. Failures to meet
unrealistic targets and late filings tested investors’ nerves. These were
further rattled by a qualified auditor’s report for agribusiness company
Agroton, who could not account for $66 million of revenue.

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