Dubai-Mubasher: International Financial Advisors (IFA) got the approval of the Capital Markets Authority (CMA) to sell its 47.12 million treasury shares within a period of six months, according to a bourse statement.
IFA, which is listed in Kuwait and Dubai, said that the CMA’s approval was issued on 6 December, 2015.
It is noteworthy that the company had posted losses worth KWD 3.82 million in Q3-15 as compared to KWD 2.09 million in Q3-14.