City Group cleared to delist from KSE

Kuwait-Mubasher: The Capital Markets Authority (CMA) in Kuwait has agreed on City Group’s proposal of a voluntary withdrawal from the Kuwait Stock Exchange’s (KSE) official market, according to a bourse statement.

The group’s extraordinary general meeting has approved on 31 August the delisting recommendation.

It is noteworthy that City Group’s shares form 14.69% of total stocks traded in the Kuwaiti market.

 

Mubasher Contribution Time: 15-Dec-2015 12:04 (GMT)