The Kuwaiti bourse has witness today alone three companies revealing their intention to discuss voluntary delisting, marking the emergence of a market phenomenon, with United Poultry earlier reported the move, Gulf Glass Manufacturing set 7 September to also consider it.
Moreover, the same topic is on Refrigeration Industries and Storage’s agenda which will be looked into on a meeting set for Monday.
On another note, Refrigeration Industries set 6 September to start distributing 5% bonus shares for the shareholders listed in the registries on 30 August, 2015.
Refrigeration Industries previously permitted the payment of 15% cash dividends and 5% bonus shares, as a result of its ordinary general meeting held mid-June.