Mubasher: The commissioners council at the Capital Markets Authority (CMA) in Kuwait approved not to cancel the listing of Mushrif Trading and Contracting’s stock on Boursa Kuwait, according to a filing issued on Sunday.

This decision was carried out to provide safety for the traders on securities.

On 12 October, Mushrif announced the completion of the majority of the restructuring procedures.

In a previous statement, the company disclosed that it was auditing its income statements.

On 24 August, Boursa Kuwait announced the suspension of nine stocks, including Mushrif’s, for various reasons.

In a previous statement, Boursa Kuwait clarified that Mushrif did not submit the financial statements for the last two quarters of 2016 and the first two quarters of 2017, and did not pay the annual fees, besides not holding its ordinary general meeting (OGM).