Boursa Kuwait holds sec­ond work­shop on cor­po­rate ac­tions

Kuwait Times - - Business -

KUWAIT: Boursa Kuwait has con­ducted the sec­ond work­shop on ‘Cor­po­rate Ac­tions’, the ses­sion was held at the com­pany’s premises and has wit­nessed the par­tic­i­pa­tion of listed com­pa­nies’.

The aware­ness ses­sion in­cluded a brief on the set­tle­ment cy­cle T+3 and eq­uity ben­e­fits con­sid­er­ing Cap­i­tal Mar­ket Author­ity’s Law No. 63 of 2017, which obliges listed com­pa­nies to ful­fil new re­quire­ments in­clud­ing the an­nounce­ment of the board meet­ing to dis­cuss an­nual fi­nan­cial re­sults and div­i­dends dis­tri­bu­tion to share­hold­ers. A Q&A ses­sion was al­lowed for at­ten­dance to pro­pose any ques­tions or queries they have or clar­i­fi­ca­tions they en­tail.

The work­shop comes in line with Boursa Kuwait’s main ob­jec­tive to main­tain the max­i­mum level of trans­parency and of­fer fi­nan­cial ser­vices and prod­ucts that meet in­ter­na­tional stan­dards, and hold­ing on go­ing work­shops and ses­sions to achieve the max­i­mum level of aware­ness and ben­e­fit for stake­hold­ers.

Newspapers in English

Newspapers from Kuwait

© PressReader. All rights reserved.