Mubasher: The Capital Markets Authority (CMA) in Kuwait approved for Dimah Capital Investment to obtain a private marketing licence for 16,000 of CUK VI Limited fund’s shares.
The marketing for these shares will be inside Kuwait, according to a CMA’s disclosure on Wednesday.
It is worth highlighting that this fund is incorporated in the Cayman Islands.
The value of the shares offered for marketing is GBP 1,000 (KWD 401), in addition to a 1% subscription fee of the total subscribed amount
The minimum subscription limit is GBP 250,000 or the equivalent in Kuwaiti Dinars for individuals, and GBP 500,000 for entities, the CMA added.
