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Afaq to delist from Boursa Kuwait

Afaq to delist from Boursa Kuwait
Photo Credit: Arabianeye-Reuters
EDU
EDU
-4.17% 2,300.00 -100.00
AFAQ
AFAQ
-5.00% 90.00 -5.00

Mubasher: The Capital Markets Authority (CMA) approved Afaq Educational Services' voluntary withdrawal from Boursa Kuwait.

The CMA clarified that Afaq’s tradeable shares account for 13.29% of the total stocks listed on Boursa Kuwait. 

Afaq is listed on the Parallel Market, with a capital of KWD 5.35 million distributed on 53.5 million shares.

It is worth noting that Educational Holding acquired 86.71% of Afaq’s equity.