Kuwait-Mubasher: Eyas for Higher and Technical Education’s board has recommended a voluntary withdrawal from the Kuwait Stock Exchange (KSE), according to a recent statement.
The board has passed forward the delisting proposal to the extraordinary general meeting, citing weak trading activity in comparison with the issued shares during the period from 2011 to 2015.
Eyas stock was active in only five days out of the 61 sessions since the beginning of 2016. It was last traded on 27 March when it settled at 385 fils.