CmaBoardReleases
Title: Resolution No. (38) of 2022 Regarding Resuming the Trading on Jiyad Holding Company's Shares in Boursa Kuwait Securities Exchange
Having perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- Based on CMA Board of Commissioners Resolution passed in its meeting No. (43) of 2021 held on 01/12/2021 Regarding Suspending the Shares of Jiyad Holding Company; and
- Based on CMA’s Resolution No. (134) of 2021 Regarding Suspending the Shares of Jiyad Holding Company, issued on 02/12/2021; and
- Based on CMA Board of Commissioners Resolution passed in its meeting No. (09) of 2022 held on 16/03/2022.
The Following Was Resolved:
Article (1):
The trading of Jiyad Holding Company’s shares is hereby resumed in Boursa Kuwait Securities Exchange as of Sunday March 20, 2022.
Article (2):
Jiyad Holding Company shall be under more supervision.
Article (3):
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force as of March 20, 2022, and it shall be published in the Official Gazette.
Prof. Ahmad A. Al-Melhem
Issued on: 17/03/2022