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Gulf Glass gives nod on delisting

Gulf Glass gives nod on delisting
Photo Credit: Arabianeye-Reuters
GGMC
GGMC
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Kuwait-Mubasher: Gulf Glass Manufacturing’s board agreed on withdrawing voluntarily from the Kuwait Stock Exchange (KSE), according to a bourse statement.

The company explained its move, citing the restructuring process, weak trading activity on the stock and its market value that does not reflect the book value.