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Al Nawadi approves delisting from KSE

Al Nawadi approves delisting from KSE
Photo Credit: Arabianeye-Reuters
Al Nawadi
ALNAWADI
0.00% 75.00 0.00

Al Nawadi Holding’s extraordinary general meeting on Tuesday agreed to voluntarily delist from the Kuwait Stock Exchange (KSE), the company said in a bourse filing.

The company, which owns health institutes and resorts, noted that such decision was due to its declining turnover in the market, falling market cap, and weak trading activity on Al Nawadi’s shares.