Friday 29 March 2024
 
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delisting

Kuwait stock delistings threaten market's status

A rising tide of delistings from Kuwait's stock market threatens to widen a gap with rival bourses in the region as companies favour more dynamic economies such as Saudi Arabia and Dubai to sell shares. With a capitalisation o

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Bahrain's Gulf Finance House mulls Kuwait delisting

Gulf Finance House, the Bahrain-based investment firm, is once again studying the possibility of delisting from Kuwait's stock market and is also now considering a listing on Saudi Arabia's bourse, it said in a statement on Wednesday.

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Bahrain's Gulf Finance House mulls Kuwait delisting

Gulf Finance House, the Bahrain-based investment firm, is once again studying the possibility of delisting from Kuwait's stock market and is also now considering a listing on Saudi Arabia's bourse, it said in a statement on Wednesday.

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Bisco Misr agrees delisting from Egypt exchange

The board of Egyptian biscuit maker Bisco Misr has approved a voluntary delisting from the Egyptian stock exchange as requested by controlling shareholder US company Kellogg, the company said on Wednesday. Shareholders in Bisco Mi

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Bisco Misr agrees delisting from Egypt exchange

The board of Egyptian biscuit maker Bisco Misr has approved a voluntary delisting from the Egyptian stock exchange as requested by controlling shareholder US company Kellogg, the company said on Wednesday. Shareholders in Bisco Mi

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Egypt sets limits on share transfer into GDRs

  Egypt has set limits on transferring shares of local companies into internationally-traded global depository receipts (GDRs), a move which could prevent a repeat of a controversial deal which may lead to the delisting of one of

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GIH approves delisting from Kuwait bourse

Shareholders in Kuwait's Global Investment House have approved the delisting of the stock from the Kuwait bourse, nearly a year after firm's shares were suspended from trading. "(The general assembly) agreed to author

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Aldar denies delisting plans

Abu Dhabi's Aldar Properties has no plans to delist  from Abu Dhabi stock exchange, the company's deputy chief executive officer said on Wednesday, dismissing speculation that a major government shareholder may take the developer

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Aabar to discuss delisting with shareholders

Abu Dhabi-based Aabar Investments, the largest investor in German carmaker Daimler, has called a shareholders meeting to discuss delisting the company to boost flexibility. Aabar said its board decided to seek regulatory approval for the e

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Aabar delisting plan 'unsettles investors'

State-owned fund Aabar has always stood out for its rapid growth and high-profile purchases but the world's only listed sovereign wealth fund is now making investors nervous with its plans to go private. Aabar, majority-owned by the go

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