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CMA LAW: Resolution No. (104) of 2024 Regarding The Development of the Mechanism of Participation in the General Assemblies of Companies Listed on Boursa Kuwait Securities Exchange (Second Phase)
Date Publish
18 August 2024
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
- CMA Board of Commissioners Resolution passed in its meeting No. (26) of 2024 held on 18/04/2024.
The Following Was Resolved
Article (1)
Module One (Glossary) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex 1 attached to this Resolution.
Article (2)
Module Twelve (Listing Rules) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex 1 attached to this Resolution.
Article (3)
Appendix 14 (Disclosure Form) of Module Ten (Disclosure and Transparency) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex 2 attached to this Resolution.
Article (4)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall be applicable for general assemblies whose date of the right to attend is after 31/10/2024, and it shall be published in the Official Gazette.
Prof. Ahmad Al-Melhem
Issued on: 18/08/2024.
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