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CMA nods for International Resorts to delist from Boursa Kuwait

CMA nods for International Resorts to delist from Boursa Kuwait
International Resorts achieved a 189% increase in profits in Q1
IRC
IRC
-9.00% 9.10 -0.90

Mubasher: The Capital Markets Authority (CMA) of Kuwait approved for International Resorts on 27 June to voluntarily withdraw from Boursa Kuwait.

International Resorts said that its current shares listed for trading represent 31.31% of Boursa Kuwait’s total listed shares, the company said in a bourse disclosure to the stock market on Tuesday.

It is noteworthy that International Resorts achieved a 189% increase in profits to about KWD 124,680 during the first quarter of 2019 when compared to approximately KWD 43,180 in the same period last year.