CMA LAW: Resolution No. (09) of 2024 Regarding not Cancelling the Listing of Mena Real Estate Company Shares and Resume its Trading at Boursa Kuwait Securities Exchange

Having Perused: 

- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and their amendments; and 
- Based on CMA Board of Commissioners Resolution passed in its meeting No. (31) of 2023 held on 25/10/2023 Regarding the Cancellation of the Listing of Mena Real Estate Company Shares from Boursa Kuwait Securities Exchange; and

• Based on CMA’s Resolution No. (148) of 2023 Regarding the Cancellation of Listing of Mena Real Estate Company Shares from Boursa Kuwait Securities Exchange issued on 26/10/2023.
• Based on CMA Board of Commissioners Resolution passed in its meeting No. (03) of 2024 held on 31/01/2024 Regarding the Cancellation of the Listing of Mena Real Estate Company Shares from Boursa Kuwait Securities Exchange.

The Following Was Resolved: 

Article (1)

The listing of Mena Real Estate Company’s Shares is hereby not cancelled from Boursa Kuwait Securities Exchange and the trading of the shares shall be resumed according to the provisions of Article (4-16-1) of Module Twelve (Listing Rules) of the Executive Bylaws of the Capital Markets Authority, and the Company’s fulfilment of the requirements of Resolution No. (148) of 2023 Regarding the Cancellation of Listing of Mena Real Estate Company Shares from Boursa Kuwait Securities Exchange issued on 26/10/2023.

Article (2)

The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force as of Sunday 04/02/2024, and it shall be published in the Official Gazette. 

Prof. Ahmad A. Al-Melhem 
Issued on: 01/02/2024.

Copy of the Official Document

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