The Kuwait Capital Markets Authority has authorized Watani Investment Company to market privately in Kuwait 3 million shares in Leasing and Finance Fund 11 KD Ltd., a collective investment scheme established in the Cayman Islands. The offer is limited to professional clients, with shares priced at KWD 100 each and a one-time subscription commission of up to 2.25% of the invested amount. Watani Investment Company and National Bank of Kuwait may receive subscription applications. The marketing license will run for one year from the issuance of the authority’s license certificate, subject to payment of the required fees. If the fees are not paid within one month of the decision, the authorization will be treated as void.
2026-09-26Kuwait Capital Markets Authority
Kuwait Capital Markets Authority licenses private marketing of 3 million Leasing and Finance Fund 11 shares
The Kuwait Capital Markets Authority has authorized Watani Investment Company to market privately 3 million shares in the Cayman Islands-based Leasing and Finance Fund 11 KD Ltd. The KWD 100 shares are available only to professional clients and carry a one-time subscription commission of up to 2.25%.