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Title: Capital Markets Authority Announces Reporting Suspected Crime to the Capital Markets Prosecution
Date Publish 03 January 2019


Kuwait Jan.3rd 2019

The Capital Markets Authority announces reporting to the Capital Markets Prosecution on 2/1/2019 suspected occurrence of the crime provided for in Clause (1) paragraph (b) and Clause (2) paragraph (a) and (c) of Article (122) of Law No. (7) of 2010 and its amendments,  where a number of traders in Boursa Kuwait agreed a prearranged to execute a number of transactions which led to the convergence of their accounts and raised the security price and urged other traders which raised trading of a listed security, on the securities of MANAZEL HOLDING (MANAZEL) during the trading session on 9/8/2018.

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