Global Investment House Says Files To Relist In Kuwait - Gulf Business
Now Reading
Global Investment House Says Files To Relist In Kuwait

Global Investment House Says Files To Relist In Kuwait

The timing for the listing would be dependent on approval from Kuwait’s Capital Markets Authority.

Global Investment House has filed an application with the Kuwait regulator to relist its shares on the country’s stock market, it said on Thursday.

The timing for the listing would be dependent on approval from Kuwait’s Capital Markets Authority, it said in a statement.

The company, whose shares are also listed in Bahrain and Dubai, was hit hard by the global financial crisis. It underwent two restructurings in the space of several years, asking creditors in September 2011 to suspend payments under a $1.7 billion debt plan agreed in 2009.

© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top