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Posted By: Frank <shauno60@lycos.com>
Date: Wednesday, 30 March 2016, at 1:05 p.m.
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One of HSBC's proposals was for it to sell its DES shares ata nominal price of one Iraqi fils (a thousandth of a dinar)each, but HSBC officials did not explain why the bank wanted todo this, the regulator added. He did not elaborate on the ISC'sobjections to HSBC's proposals.
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