Kuwait: Global shareholders approve delisting


Issue 937 - 06 Dec 2012 | 1 minute read

Global Investment House (Global) shareholders approved a plan to delist the company from the Kuwait Stock Exchange at an extraordinary meeting on 2 December. The company wants to proceed with a significant restructuring, and had asked the Capital Markets Authority (CMA) to grant it an exemption from mandatory tender offer regulations that were standing in its way

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