Kuwait – Mubasher: The extraordinary general meeting of United Foodstuff Industries Group approved on Sunday the voluntary delisting of the company’s stock from the Kuwait Stock Exchange (KSE).
The company’s board, in a meeting held 9 September, gave a nod to the stock delisting move.
United Foodstuff earlier posted KWD 385,000 ($1.27 million) net profit for the first nine months of 2015, down 53.8% year-on-year from KWD 832,350 ($2.74 million).