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Kuwait’s CMA approves IFA’s 17.5m shares offering

Kuwait’s CMA approves IFA’s 17.5m shares offering
IFA is a dual-listed company on the DFM & Boursa Kuwait
IFA
IFA
1.85% 385.00 7.00

Mubasher: International Financial Advisors (IFA) received the approval of the Capital Markets Authority (CMA) in Kuwait to sell 17.45 million of the company’s treasury shares.

The CMA’s approval is valid for a period of six months starting from the resolution date, according to a recent bourse disclosure.

IFA is a dual-listed company on the Dubai Financial Market (DFM) and Bourse Kuwait.