egX Group says that its board of directors has approved changing its financial year end date from August 31 to December 3.

The company, which is developing a global securities marketplace designed for the listing and trading of real estate securities and related financial products, will report the fiscal year Sept. 1, 2006 to Aug. 31, 2007 and then report a four month short fiscal year from Sept. 1, 2007 to Dec. 31, 2007.

Thereafter, egX Group will report from January 1 to December 31 with interims at March 31, June 30 and September 30.

The change of financial year end was implemented to align the company’s reporting periods with peer companies.