Kuwait - Mubasher: Al Salam Group Holding said that Tuesday 17 January 2017 has been set as the date on which trade on the company’s stock will begin on the Egyptian Exchange (EGX).
Al Salam Group, which is listed on both Boursa Kuwait and the Dubai Financial Market (DFM), announced the date in a statement to the Kuwait Stock Exchange on Sunday.
This comes after the completion of the required producers and approvals, which started with the Egyptian Financial Supervisory Authority’s (EFSA) approval on 6 May 2015, followed by the Egyptian and then the Kuwait bourses on 22 July 2015, and 29 March 2016 respectively.
Last April, Al Salam's general assemby approved listing the company's shares on the Egyptian Exchange (EGX), and finally the listing committee of the EGX approved the listing on 7 December.
