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Agility trading suspended pending material information

Agility trading suspended pending material information
‎(Photo Credit: Company website)‎
MKHZN
MKHZN`R
-47.33% 138.00 -124.00

Kuwait – Mubasher: Agility Public Warehousing announced on Tuesday that trading on its shares will continue to be suspended until it discloses material information.

The company filed a request on Monday to Boursa Kuwait to suspend trading on its shares without announcing the reasons or the duration of the suspension.

National Real Estate Company (NREC), which owns 22.34% of Agility’s shares, followed suit.

The Dubai- and Kuwait-listed Agility last reported that its net profit rose 11.1% to KWD 14.6 million in the first quarter of 2017, compared to KWD 13.1 million in the same period in 2016.