Al Madar to consider delisting, freezing dividends 14 Dec

Kuwait-Mubasher: Al Madar Finance and Investment will hold its ordinary and extraordinary general meetings on 14 December to discuss the board’s recommendation of withholding dividends for the fiscal year ended 31 December, 2014.

The meetings will include the board’s proposal of voluntary delisting from the Kuwaiti market.

It is noteworthy that Al Madar’s stock has been suspended from trading since 19 May, until its general is held to provide the financial statements for the periods ended 31 March, 30 June, and 30 September of 2015.

 

Mubasher Contribution Time: 22-Nov-2015 11:03 (GMT)