Kuwait – Mubasher: Jeeran Holding said it has postponed the date of its voluntary delisting from Boursa Kuwait from 15 to 25 June 2017, according to the company's statement on Wednesday.
According to the article (9-2-1), delisting should be done no less than 6 months after getting the Capital Market Authority's (CMA) approval, the company added.
In mid-August, Jeeran's board raised the recommendation to the extraordinary general meeting, which approved it in October, while CMA consented to the decision in November.
The company's profits in the nine months ended 30 November 2016 rose by 0.85% to KWD 481,600, compared with KWD 477,540 in the same period of 2015.
Jeeran Holding's stock declined 3.13% to the level of 46.5 fils ahead of the end of Wednesday's trading session.
