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Title: Announcement Regarding Cancellation of Resolution No. (71) of 2023 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Watani Investment Company (NBK Capital) to Market the Shares of Leasing and Finance Fund 34 Ltd Company
Date Publish
08 June 2023
Based on Resolution No. (71) of 2023 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Watani Investment Company (NBK Capital) to Market the Shares of Leasing and Finance Fund
34 Ltd Company issued on 17/05/2023.
Watani Investment Company’s (NBK Capital) has reversed its decision and will not market the mentioned fund. It is not willing to pay the marketing fees included in Article (4) of the mentioned Resolution which stipulates “The prescribed fees shall be paid within one month from the date of issuance of this Resolution. In case of default, this Resolution shall be considered null and void.”
Accordingly, the CMA hereby announces cancellation of Resolution No. (71) of 2023 Regarding Granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Watani Investment Company (NBK Capital) to Market the Shares of Leasing and Finance Fund 34 Ltd Company.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
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