Kuwait Bahrain International Exchange (KBE Co.) will hold an extraordinary general meeting (EGM) on Wednesday to discuss the board’s recommendation to voluntarily withdraw from the Kuwait Stock Exchange.

KBE Co, which is not listed in another bourse, earlier explained the move by saying the one family, which holds almost 81% of the company, expressed interest in delisting form the Kuwaiti bourse. 

 At the EGM, shareholders will consider the amendments of a number of articles in the company’s statute.