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Trading on KGL, KGL Logistics suspended

Trading on KGL, KGL Logistics suspended
The suspension was based on a request by the two listed companies
LOGISTICS
LOGISTICS`R
4.26% 31.80 1.30
KGL
KGL`R
-0.82% 60.50 -0.50

Mubasher: Boursa Kuwait announced on Tuesday that trading on both Kuwait and Gulf Link Transport (KGL) and KGL Logistics is suspended.

The decision to suspend trading on the two stocks was based on a request by the two listed companies until they disclose essential information, according to a bourse filing.

KGL and KGL Logistics clarified that the information is issuing a court ruling in favor of KGL Stevedoring, a subsidiary of an associate.