Boursa Kuwait holds second workshop on corporate actions
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.