Mubasher TV
Contact Us Advertising   العربية

Dar Al Thuraya shareholder approves delisting

Dar Al Thuraya shareholder approves delisting
THURAYA
THURAYA`R
90.98% 233.00 111.00
Dar Al Thuraya Real Estate announced that its Extraordinary General meeting has approved the voluntary delisting from the Kuwait Stock Exchange-KSE parallel market.

In early November, the company's board had issued a recommendation of undergoing voluntary delisting from KSE.

At this time, the company's board attributed the delisting recommendation to the decline of the company's shares market value, weakness of the shares’ turnover and the high cost of the annual listing fees paid to KSE.