Etisalat CEO resignation

[sharewadi]

Etisalat says their CEO resigned, according to Reuters ...

Reuters 05 March 2009:

Etisalat accepts CEO’s resignation DUBAI: Abu Dhabi-based Emirates Telecommunications Corp (ETISALAT) said yesterday it had accepted the resignation of its chief executive officer. Etisalat did not give a reason for the departure in a regulatory filing on the bourse website. The telecommunication’s firm said Kamal Abu Khadijeh would take over as acting chief executive officer.

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[sharewadi]

... er, no, they didn't ...

And I can't find the original disclosure on the ADX website that Reuters were talking about earlier this month.

The Peninsula 23 March 2009:

Etisalat denies resignation of chief executive DOHA: Abu Dhabi-based Emirates Telecommunications Corp (ETISALAT) yesterday denied a Reuters report about the resignation of the company’s chief executive officer, which was published in the March 6 edition of the The Peninsula. Etisalat Vice President, Corporate Communications, Ahmed bin Ali said in a statment to this newspaper that the report by the news agency was not true.

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[shareef.abdulka]

If it's not true, where and how on earth did the story originate from to the point of being taken up and reported by Reuters?!
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Honesty is the best weapon and playing fool is the best policy!

[sharewadi]

Reuters are saying there was a disclosure on the ADX website. If there was, it's not there now. If there wasn't, then I don't know what Reuters was reading. An odd one this, especially that it's Etisalat we're talking about, not one of the small less well-known companies like Asmak or RAK Poultry.
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