Kuwait's Agility delays 2009 results to April 11

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KUWAIT, April 6 | Tue Apr 6, 2010 1:46am EDT

KUWAIT, April 6 (Reuters) - Kuwaiti logistics firm Agility (AGLT.KW) said on Tuesday it was delaying the release of its 2009 financial results until April 11, pending the outcome of talks with the U.S. government over a fraud settlement.

The company said in a statement that trading in its shares will continue to be halted.

Agility, formerly Public Warehousing Co K.S.C., is in talks to resolve an indictment accusing it of overcharging the U.S. Army on supply contracts in Iraq, Kuwait and Jordan.

(Reporting by Diana Elias; Editing by Amran Abocar)

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