Mubasher: International Resorts set 9 January 2020 to optionally delist from Boursa Kuwait, noting that determining the withdrawal date will not affect the company’s financial profile, the company said in a recent filing to Boursa Kuwait.

On Tuesday, International Resorts announced the Capital Markets Authority (CMA)’s approval for the company to delist from the Kuwaiti stock market.

The company noted that its current listed shares represent 31.31% of Boursa Kuwait’s total listed-share volume.

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.