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International Resorts to withdraw from bourse on Thursday

International Resorts to withdraw from bourse on Thursday
International Resorts’ profits reached about KWD 257,850 in Q3-19
IRC
IRC
-9.00% 9.10 -0.90

Mubasher: Boursa Kuwait announced that International Resorts’ voluntary delisting from the market will be effective by the end of Thursday’s trading session.

The company referred that the withdrawal does not have any impact on its financial position, according to the company’s disclosure to Boursa Kuwait on Thursday.

Noteworthy to mention, the company announced, a few months ago, that the Board of Commissioners of Kuwait's Capital Markets Authority (CMA) approved International Resorts’ request to withdraw from Boursa Kuwait.

In the third quarter (Q3) of 2019, International Resorts’ profits reached about KWD 257,850, against losses of nearly KWD 91,370 in the same period the year earlier.