IM Skaugen fined

IM Skaugen has been fined NOK164,600 by Norwegian regulator Finanstilsynet for  publishing its annual report after the required deadline. Companies listed on the Oslo stock exchange must publish their annual report within four months of the end of the financial year. IM Skaugen’s 2015 annual report was published on May 27, nearly a month after the April 30 deadline.