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Americana to delist from Boursa Kuwait April 2018

Americana to delist from Boursa Kuwait April 2018
This decision is in compliance with the OGM's approval
Americana
FOOD
0.00% 1,261.00 0.00

Mubasher: Kuwait Food – Americana announced that it will withdraw from Boursa Kuwait on 23 April 2018, according to a bourse statement issued on Monday.

This decision is in compliance with the ordinary general meeting’s (OGM) approval on 5 June to execute a final withdrawal from the stock market, as well as the Capital Markets Authority’s (CMA) approval on 19 October.

On Sunday, Americana clarified that its stocks that are available for trading represent 6.57% of the total stocks listed on Boursa Kuwait.