The Kuwait Capital Markets Authority granted Kuwait Financial Centre Company a license to privately market 45,000 shares in Cayman Islands-based MKZ Development 61 Company in Kuwait. The shares may be offered only to professional clients at USD 1,000 per share, with Kuwait Financial Centre Company receiving subscription applications. The investment objectives are set out in the prospectus. The license will run for one year from the issuance of the licensing certificate following payment of the required fees, which must be paid within one month or the decision will be treated as void.
2026-09-02Kuwait Capital Markets Authority
Kuwait Capital Markets Authority licenses private marketing of 45,000 MKZ Development 61 shares to professional clients
The Kuwait Capital Markets Authority authorized Kuwait Financial Centre Company to privately market 45,000 shares in Cayman Islands-based MKZ Development 61 Company. The shares may be offered only to professional clients at USD 1,000 each, under a one-year license commencing after certification and fee payment.