Title: "Partial Purchase Offer" The First Program of the Capital Markets Authority of 2019
Date Publish 13 January 2019
Kuwait, January 13, 2019, the Capital Markets Authority (CMA) will start the new year with its first awareness workshop for the current year, which will be held on Tuesday, January 15, 2019 at 1:00 pm, Training Hall (01-15).
The workshop will discuss several aspects of the Partial Purchase Offer, starting with the definition of the Partial Purchase Offer, its conditions and provisions, as well as a detailed explanation of the procedures for its implementation, and the requirements for modifying the Partial Purchase Offer and withdrawing from it.
As the Capital Markets Authority announces the activities of its first awareness program for the current year and invites its public invitation to attend the workshop. It hopes to attendees will actively participate in enriching the discussions and contribute to its success in achieving its objectives. The Capital Markets Authority is currently preparing awareness programs including several initiatives and activities of interest to all concerned parties in securities activities. Such programs will be announced later.
Notes to Editors
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010, and amended by Law No. 108/2014. Pursuant to the Law, the Authority shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance Regulations, and protect investors from unfair practices which violate the Authority's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The Authority also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
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