CMA LAW: Resolution No. (50) of 2024 Regarding Resuming the Trading on Jiyad Holding Company's Shares on 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 Resolution No. (154) of 2023 Regarding the Suspension of Trading of Jiyad Holding Company's Shares Listed on Boursa Kuwait Securities Exchange issued on 05/11/ 2023; and

- Based on CMA Board of Commissioners Resolution passed in its meeting No. (11) of 2024 held on 17/04/2024; and

The Following Was Resolved:
Article (1)
The trading of Jiyad Holding Company’s shares shall be resumed on Boursa Kuwait Securities Exchange, due to the Company meeting the requirements stipulated in Resolution No. (154) of 2023 issued on 05/11/2023, provided that the Company pays the annual subscription fees of 2024 to Boursa Kuwait Securities Exchange and there are no other reasons that warrant the continuation of suspending the trading of the Company's Shares on the Securities Exchange.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force as of Sunday 21/04/2024, and it shall be published in the Official Gazette. 

Prof. Ahmad A. Al-Melhem
Issued on: 18/04/2024

Copy of the Official Document

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