Global Investment House KSCC Seeks Delisting From Kuwait Stock Exchange To Implement New Restructuring of Creditors Acquisition of 70% of Its Capital

Global Investment House KSCC announce that it has authorized the Board of Directors to delist the Company from Kuwait Stock Exchange (KSE) if the continuity of listing represents an obstacle to the implementation of the proposed restructuring plan, in which the creditors will own 70% of the share capital of the Company, to preserve the public interest and safeguard the rights of existing shareholders. The Company is seeking to obtain an exemption by the Capital Markets Authority from the terms and conditions of the mandatory offer rules.