Kuwait-Mubasher: Future Communications Global said that the commerce and industry ministry in Kuwait has canceled a license of a subsidiary, according to an issued statement.
The ministry has canceled Future RFID for Telecommunication Equipment’s license as over a year has passed since the commercial license has expired.
The KSE-listed firm clarified that no financial impact will affect the company’s position.
It is noteworthy that the stock was last traded on Sunday when it settled at 100 fils.
