Title: Resolution No. (94) of 2025 Regarding the Delisting of the Shares of Sultan Center Food Company from 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 Resolution No. (127) of 2024 Regarding the Suspension of Trading of Sultan Center Food Company Shares Listed in Boursa Kuwait Securities Exchange issued on 18/09/2024; and
- Based on CMA Board of Commissioners Resolution passed in its meeting No. (13) of 2025 held on 14/05/2025 Regarding the Delisting of the Shares of Sultan Center Food Company from Boursa Kuwait Securities Exchange.

The Following Was Resolved: 
Article (1)
The shares of Sultan Center Food Company are hereby delisted from Boursa Kuwait Securities Exchange pursuant to Item (7) and Item (8) of Article (2-4-1) of Module Twelve (Listing Rules) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments, due to the Company’s failure to meet the requirements set out in Resolution No. (127) of 2024 issued on 18/09/2024. In particular, the Company failed to exercise the care of a prudent person in addressing the auditor’s reservations concerning the item of “Investment in an associate company”, thereby failing to ensure that the balances in the financial statements for the year ending 31/12/2024 are recorded fairly and accurately.

Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.  

Emad Ahmed Tifouni 
Issued on: 15/05/2025.

Copy of the Official Document